hedge fund managers list
© 2021 Forbes Media LLC. Louis Moore Bacon is an American investor, hedge fund manager and philanthropist. The quantitative trading firm, dubbed RenTech for short, manages about $80 billion and reportedly had one of its worst months this decade in February, with assets falling 7%. 20. Top hedge fund managers hold some of the most well-paid positions in any industry, far outpacing CEOs of major companies. Kenneth Griffin is an American investor, hedge fund manager, and philanthropist. Simons, 82, retired a decade ago but remains a co-chairman at Renaissance, along with his son Nathaniel. That's a big number, but it is still the lowest such combined earnings figure since the … Tiger Global ended 2019 managing roughly $40 billion in assets. The 25 members of The Forbes 400 who made their fortunes from hedge funds are worth a combined $185 billion, up $2.8 billion from last year. Soros, who hasn’t managed money for others since 2011, has a family office fund that invests in a mix of stocks, private equity, commodities and bonds. Caxton Associates define investments according to their research of global markets as well as the timely analysis of global economic trends. Hedge funds are alternative investment funds that use pooled monies from investors and employ various strategies to make a significant return (or ‘alpha’) for those investors.. Louis Moore Bacon – Net Gains (Since Inception) $18.4 billion. As of March 2015, Citadel was ranked one of the world’s largest alternative investment management firms with an estimated investment capital of $25 billion. Hedge fund managers are in charge of the investments made by their hedge funds. Paul Singer – Net Gains (Since Inception) $ 21.8 billion. Currently, King Street Capital Management manages an estimated amount of $19 billion. Alan Howard was among the five persons that took part in the foundation of the Brevan Howard Investment fund in the year 2002.As of October 2013 the fund had $ 40 billion as assets under management before experiencing some issues and getting to $18 billion in 2016. In February 2017, Forbes Magazine estimated his personal fortune at US$1.55 billion. Ken Griffin founded and runs Citadel, a Chicago-based hedge fund that manages more than $27 billion in assets. In 2017 he has been found to run a $40 billion quantitative hedge fund firm. Renaissance Technologies’s James Simons, Citadel’s Ken Griffin, Points72′s Steven Cohen and Appaloosa Management’s David Tepper were among the … Any hedge fund managing over $100M is required to submit a 13F form to the SEC which lists their current holdings at the end of each fiscal quarter. Dalio’s All Weather fund, which seeks to perform well in good markets and bad, was up by 11.6%. A celebrated hedge fund tycoon who managed client money from 1969 to 2011, Soros shorted the British pound for a reported $1 billion profit in 1992, becoming known as the man who broke the Bank of England. You may opt-out by, Roy Rochlin/Getty Images, Neilson Barnard/Getty Images, Michael Kovac/Getty Images, EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change. Last week, word came down that Echo Street Capital Management was getting out of the hedge fund game.In and of itself, this is, of course, not unusual: 304 hedge funds closed their doors in … He has been referred to as one of the most dominant person in high finances. In July 2013, the U.S. Securities and Exchange Commission charged Cohen with illegal insider trading charges. Simons, 82, retired a … These two persons are the founders and administrators at the King Street Capital hedge investment fund. In 2013, he made his largest donation or gift of $67 million to Carnegie Mellon University, which actually has his name in the Tepper School of Business is named after him. In 2016, Two Sigma Investments was ranked 11th on Penta’s list of top 100 hedge funds. We applaud the fund managers on this page for … Continued Data and research provider HFM Absolute Return created a list of the firms with the most in hedge fund assets in the US, ranked by assets under management (AUM). Find the decision maker. Dalio has an estimated net worth of $16.8 billion. Later, he seeks a margin of safety and makes profits from their rise in price. Tiger Global ended last year managing about $40 billion, and has returned 24% this year through July thanks to its tech-heavy portfolio and first-quarter investments in software firms and work-from-home staples like Zoom Video Technologies, Datadog, Workday and Salesforce. B & T Capital Management DBA Alpha Capital Management, B. Riley Financial Inc., B. Riley Wealth Management Inc., B.S. Cohen oversees Point72 Asset Management, a hedge fund firm that reopened to outside investors in 2018 following a two-year ban stemming from insider-trading charges leveled at Cohen’s previous firm. ... which combines aspects of the All Weather fund with active management… How Long Should You Wait to Apply for Another Credit Card? And it’s delivered in Excel format for easy use with any spreadsheet program or contact management system. For hedge fund managers to be successful in business, it is important that they come up with a competitive advantage which is to have a well-defined investment strategy. This was after the retirement of Bruce. But shares of his New York City-based Icahn Enterprises, a sprawling conglomerate with interests in everything from casinos and metals to real estate and food packaging, have fallen more than 20% since January. Farallon’s main task is to manage capital for university endowments, foundations as well as high-net-worth individuals. Philanthropically works, he was able to create two charitable foundations: the Zoom Foundation and the Lone Pine Foundation. The richest hedge fund manager on the list is Jim Simons, a former math professor and the founder of quantitative trading firm Renaissance Technologies. Dalio announced in March 2017 that he would step down as co-CEO of Bridgewater as part of a company-wide shake-up by April 15. What is a Retirement Savings Contribution Credit? TipRanks measures the performance of hedge funds based on information submitted to the SEC. In 1980, he founded Tudor Investment Corporation which is an asset management firm headquartered in Greenwich, Connecticut. The best fund managers can increase returns to your fund portfolio and create additional diversification. In February, Tepper sold his 5% stake in the Pittsburgh Steelers for an undisclosed amount. Shaw in 1988. His fortune is at an all-time high. Soros, an immigrant from Hungary, put himself through the London School of Economics and later got his financial start on Wall Street in New York. In 2011, Andrew was appointed Chairman, CEO and controlling general partner of Caxton Associates. As of February 2017, Forbes Magazine estimated his net worth to be standing at $3.2 billion which is actually down from his 2016 net worth of $3.7 billion. Singer’s philanthropic activities include financial support and funds provision to the Manhattan Institute for Policy Research. David Tepper is arguably the greatest hedge fund manager of his generation. The companies that run these hedge funds may be structured as limited partnerships or limited liability companies. Alan Howard – Net Gains (Since Inception) $18.4 billion. Steve Cohen – Net Gains (Since Inception) $19.8 billion. Halvorsen has been consistently ranked among the top earning hedge fund managers, placing on the 11th in Forbes’ 2012 rankings and 9th in 2015, according to research and rankings done by Institutional Investor’s Alpha. His hedge fund suffered losses in the first half of 2016, but bounced back to end the year up by 2.4%. I graduated from the University of North Carolina at Chapel Hill, where I double-majored in business journalism. He is the leader of Paulson & Co. which is a New York-based investment management firm. What Makes Porsche Rims Different from Those on Other Cars? George Soros, the renowned investor who in 2016 returned to managing money, is the world’s wealthiest hedge fund manager with a net worth of $25.2 billion. In 2015, Klarman was listed as the 15th highest earning hedge fund manager in the world. I don’t want us taking undue risks.” In the meantime, Cohen's bidding high for the New York Mets. In July 2014, Simon Yates, Citigroup’s global head of equity derivative sales and trading, left the bank to join Two Sigma Investments. Address Phone/Fax Website URL Main Email Up to 4 Executive Contacts / Listing $250 now $157 Add to Cart Real Estate Hedge Fund List. He is the CEO and a co-founder of the Connecticut-headquartered hedge fund referred to as Viking Global Investors. After making a fortune with the fund, Soros left the investment world to pursue philanthropy and returned in 2011 to start Soros Fund Management. Of those who were on the 2019 list, 11 got richer, 7 are down and 6 are flat. Ken Griffin -Net Gains (Since Inception) $ 25.2. He calls it a fight against charlatans who refuse to play by the market’s rules. Before Forbes, I spent a summer reporting on the L.A. private sector for Los Angeles Business Journal and wrote about publicly traded North Carolina companies for NC Business News Wire. 17. It has its headquarters in New York City. The company has also extended to other parts such as Houston, London, and Hong Kong. In other businesses, Paulson has also become a great investor in gold. Forbes describes Griffin as one of 2012’s highest earning hedge fund managers as well as one of the Forbes 400. His fortune grew an estimated $1.5 billion since last year to $23.5 billion. 12. The hedge fund was founded in 2001 by John Overdeck, David Siegel and Mark Pickard. "Markets don’t come back in a straight line; after an earthquake there are tremors,” he said in a late-March memo to employees. 18. Halvorsen is also a protégé of hedge fund manager Julian Robertson. Everything from website to emails to senior staff, hiring status, number of clients and more. Hedge fund managers made a killing in 2019, only to get put through the wringer when the coronavirus hit. The top-earning hedge fund managers and traders list is reported by Grace Chung, Dan Fisher, Antoine Gara, Noah Kirsch and Jennifer Wang. After markets crashed this year, the firm opened its largest hedge fund to $1 billion in new capital in July, the first time it's raised money in seven years. Still, their performance pales in comparison to some tech tycoons who are tens of billions of dollars richer than a year ago–like Jeff Bezos, whose net worth jumped an eye-catching 57% since the 2019 Forbes 400 list. King Street Capital Management can be defined as a global investment management company founded in 1995. A hedge fund is an investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction and risk management techniques to improve performance, such as short selling, leverage, and derivatives. The 10 Best Places to Eat in Melbourne, Australia, A Traveler’s Guide to the Best Beaches in Melbourne, Australia, The 10 Best Places to Stay in Melbourne, Australia, The 20 Best Things to do in Melbourne, Australia for First Timers, The Five Best Porsche Models for Off Roading. As of October 2017, the fund had assets amounting to more than $50 billion hence coming in at number 20. List of Most Common Hedge Fund Strategies # 1 Long/Short Equity Strategy # 2 Market Neutral Strategy The Highest-Earning Hedge Fund Managers & Traders ... Full List: The World's Highest-Paid Actors And Actresses 2017; And it’s delivered in Excel format for easy use with any spreadsheet program or contact management system. A Buyer’s Guide to Getting a Pre-Owned Cartier Watch, The Five Best Cartier Skeleton Watches Money Can Buy, How Lauren Conrad Achieved a Net Worth of $40 Million, How Mario Lopez Achieved a Net Worth of $25 Million, How Geddy Lee Achieved a Net Worth of $40 Million, How Chris Martin Achieved a Net Worth of $130 Million. This makes the hedge fund rank at number 17. Israel Englander – Net Gains (Since Inception) $18.2 billion. Farallon Capital Management is an American investment firm that controls and manages capital on behalf of institutions and individuals. Ready for the high-risk, high-return hedge fund investments? In 1969, he started his own hedge fund with a total of $12 million, later branded as Quantum Fund. The hedge fund and has made more than $13bn for its clients which is close to 14 per cent annually. Brian Higgins and Francis Biondi – Net Gains (Since Inception) $14.6 billion. Now, the hedge fund firm manages more than $45 billion. He has an estimated net worth of $13 billion as of February 2017and is ranked by Forbes as the 72nd richest man in the world, 11th highest earning hedge fund manager. The Ten Steve Cohen founded the former SAC Capital, now Point 72 Asset Management. He is the chairperson and Chief Executive Officer of Och-Ziff Capital Management Group, a global hedge fund and alternative asset management firm. According to Forbes Magazine his net worth is be US$1.81 billion, making him the 14th richest person on the hedge fund investment career. Includes everything from website to emails to senior staff, hiring status, number of clients and more. 19. He is an American investor, hedge fund manager as well as a renowned philanthropist. However, there exists a select group of financial minds … Bridgewater says it's working to resolve the matter. 7. He is the founder and chief executive of Moore Capital Management. These investments include public equity and fixed income markets worldwide with the aim of assisting financially unstable companies in equity, bonds, foreign exchange, warrants as well as options. Ray Dalio's storied Bridgewater Associates saw assets decline 18% in the first four months of 2020; its flagship funds were down as much as 14% through June despite a broader market recovery. In 2008, he was inducted into Institutional Investors Alpha’s Hedge Fund Manager Hall of Fame. Och is a board member on the board of Endeavor. Singer’s business model of purchasing distressed debt from companies and sovereign states and pursuing full payment through the courts has led to criticism but he has always had facts and details to defend his kind of model. He is also the vice chair of Robin Hood Foundation, under Paul Tudor which is a charitable organization fighting poverty in New York City. Ray Dalio – Net Gains (Since Inception) $ 41.8 billion. As a result of their annual returns, the 25 highest-earning hedge fund managers made a combined $20.2 billion in 2019. Even after all these, he still holds a great part in the hedge fund industry. The 20 highest-earning hedge fund managers and traders made $10.3 billion combined in 2018. John Overdeck and David Siegel -Net Gains (Since Inception) $13.1 billion. The year's highest-earning hedge fund managers and traders. Most people know him for his large scale philanthropy. His kind of strategies can be described as that of a high speed computer network. The Top 250 Global Hedge Fund List has 35 categories of detailed information on all the funds above. The firm stopped accepting new money in July, after raising a $10 billion fund, but Cohen's been cautious. Categories of Info. The health, economic and market impact of the coronavirus will be much greater than most people are now conveying." 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To determine the net worths of hedge fund managers and traders, Forbes examined hedge fund returns as well as the fee and ownership structure of a wide array of money management firms to estimate earnings and cash growth. Paul is also the founder and CEO of NML Capital limited which is a Cayman Islands-based offshore unit of Elliott Management Corporation. 1. This is a New York City-based hedge fund that uses technological methods such as artificial intelligence, machine learning and distributed computing, for its business purposes. Griffin runs Chicago-based Citadel, the hedge fund firm he founded in 1990 that now manages about $34 billion in assets. He's already a limited partner in the team but is reportedly looking to buy the whole club for upwards of $2 billion. Raymond Dalio is an American investor, hedge fund manager, and philanthropist. The turmoil hit internally, too; the world's largest hedge fund firm laid off dozens of employees in July, just days before a former co-CEO filed a suit alleging that Bridgewater was withholding up to $100 million in deferred compensation because she publicly disclosed a gender discrimination dispute with the firm following her April departure. Between 2009 and 2019, the S&P 500 earned an average of about 13% annually. Point72 closed the first half of 2020 on a high note, hitting $17 billion in assets. The list comes in a descending order from 20 all the way to the richest hedge fund investor. As a result, returns are among the most volatile of any hedge fund strategy. I graduated from the University of North Carolina at Chapel Hill, where I double-majored in business journalism and economics while working for UNC's Kenan-Flagler Business School as a marketing and communications assistant. In 2017, Forbes estimated Singer’s net worth to be $2.9 billion. The fund managed around $8 billion in November 2011, $23 billion in October 2014, and $32 billion by the end of 2015. By March 2017, the fund was running a competition on Kaggle so that it could come up with a suitable code trading. Fueled by the recent frenzy in retail stock trading, Griffin's market-making firm Citadel Securities has exploded in popularity and profitability, executing roughly 40% of all U.S.-listed retail volume this year; in March, it opened a temporary trading floor at the Four Seasons Palm Beach in response to the coronavirus pandemic. The biggest gainer of the group is also the youngest hedge fund manager on The Forbes 400. In political matters, Singer is active in Republican Party politics and he joins others in the financial support to the National Republican Senatorial Committee. The son of Polish immigrants, Englander started Millennium Management in 1989 with $35 million from friends and family. 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