Fri, Mar 29, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

US leads the world in number of single manager hedge funds - Preqin

Tuesday, October 16, 2012

Bailey McCann, Opalesque New York: The United States continue to lead the world as the jurisdiction of choice for single manager hedge funds – 61% of all single manager hedge funds are located in the US according to a new report from, US-based hedge fund research provider, Preqin. Europe follows the US with 23% of single manager hedge funds, but has a larger population of hedge fund of funds, he 1,230 hedge fund firms located in Europe, 29% manage funds of hedge funds.

Data in the report shows that the two most widely used hedge fund domiciles are Delaware in the US and the Cayman Islands, together they account for 69% of all hedge fund domiciles. In Europe, Ireland and Luxembourg continue to be the most favored locations.

In terms of strategies, Long/Short Equity continues to be the most widely deployed with 70% of hedge funds reporting its use, regardless of locality. North American managers dominate the event driven fund market, with 17% of North American managers offering event driven funds and 75% of all event driven funds being managed by North American managers. Europe tends to favor macro funds with 28% of European managers offering a macro vehicle.

2012 has been a solid year for fund launches across all strategies according to the report. 387 funds have launched year-to-d......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1