March 7, 2022

By MrD • March 7, 2022

Top 75 Largest Hedge Funds Worldwide

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For anyone interested in the investment and finance market, an important topic to discover is related to the largest hedge funds in the world.

These companies are dedicated to insurance and investments, and they all deliver high-quality services on a global scale.

If you want to discover everything there is to know about hedge funds and the significant names of hedge funds, just read through our top 75 largest hedge funds in the world.

75. Nephila Capital

Owner: Nephila Holdings Limited
Based: Bermuda
Founded: 1977
Assets: $10 billion
Website: nephila.com

Located on the exotic island of Bermuda, Nephila Capital takes its name from a hurricane-predicting spider that lives in the tropical area. Nephila Capital is one of the largest hedge fund companies specialized in reinsurance risk.

74. HBK Capital Management

Owner: Employee Owned
Based: Dallas
Founded: 1991
Assets: $9.7 billion
Website: hbk.com

HBK Capital Management is a unique hedge fund company, which only invests a small part of its total assets. The Texas-based fund is currently among the largest hedge funds in the world, employing over 180 people.

73. Beach Point Capital Management

Owner: Employee Owned
Based: Santa Monica
Founded: 2009
Assets: $9.86 billion
Website: beach point.capital

The Beach Point Capital Management has had a stellar evolution in just a few years of existence. Only one year after its founding, Beach Point Capital Management achieved the 83^rd largest hedge fund position in the world, with an estimated AUM of over $9 billion.

72. Cerberus Capital Management

Owner: Steve Feinberg
Based: New York
Founded: 1992
Assets: $30 billion
Website: cerberuscapital.com

Founded 24 years ago by Steve Feinberg, Cerberus Capital Management is currently on the largest hedge fund in the United States. This private equity firm is mainly specialized in distressed investing.

71. Carlson Capital

Owner: Employee Owned
Based: Dallas
Founded: 1993
Assets: $20.59 billion
Website: carlsoncapital.com

Another Texas-based company, Carlson Capital, is based on three principles: philosophy, people, and process. Founder Clint Carlson was among the largest hedge fund managers in the United States when he built the company in 1993.

70. Coatue Management

Owner: Philippe Laffont
Based: New York
Founded: 1999
Assets: $ 14.38 billion
Website: coatue.com

Phillippe Laffont is the visionary entrepreneur behind Coatue Management. He has used his experience to create and manage this technology-oriented company, ranking high on any of the largest hedge funds list or top.

69. Tiger Global Management

Owner: Charles (Chase) Coleman III
Based: New York
Founded: 2001
Assets: $20 billion
Website: linkedin.com

Owned by one of the youngest, most successful businessmen, Chase Coleman III, Tiger Global Management is among the 100 largest hedge funds worldwide. With over 60 employees, Tiger Global Management is a success story in the financial and investment sector.

68. CarVal Investors

Owner: Cargill Incorporated
Based: Minnesota
Founded: 1987
Assets: $10 billion
Website: carvalinvestors.com

Managing to survive and even take advantage of the financial crisis, this experienced hedge fund company is focused on credit-intensive and distressed assets. CarVal Investors benefits from a team of professionals who steered the company in the right way even in the harshest financial times.

67. Pine River Capital Management

Owner: Brian Taylor
Based: Minnetonka
Founded: 2002
Assets: $14 billion
Website: pinerivercapital.com

Pine River Capital Management is an asset management company. They trade fixed incomes, stocks, and derivatives, one of the largest hedge funds by AUM (Assets Under Management).

66. Centerbridge Partners

Owner: Mark Gallogly, Jeffrey Aronson
Based: New York
Founded: 2005
Assets: $25 billion
Website: centerbridge.com

Centerbridge Partners has its headquarters in New York and an additional office located in London. Among the largest US funds, Centerbridge Partners invests in control situations (public debt and equity) and non-control situations (public market equity and debt).

65. Capula Investment Management

Owner: Yan Huo, Masao Asai
Based: London
Founded: 2005
Assets: $10.2 billion
Website: capulaglobal.com

Founded in 2005 by Yan Huo and Masao Asai, Capula Investment Management quickly climbed to the top of the 100 largest hedge funds. Currently, the company ranks eight on the top of largest hedge funds in Europe.

64. Point State Capital

Owner: Zachary Schreiber
Based: New York
Founded: 2010
Assets: $10.76 billion
Website: octafinance.com

Among all of the tops dedicated to the largest hedge fund administrators, you will find Zach Schreiber. The owner of Point State Capital, Zach Schreiber, manages a company with assets that value more than $10 billion.

63. Fir Tree Partners

Owner: Jeffrey Tannenbaum
Based: New York
Founded: 2009
Assets: $18 billion
Website: firtree.com

According to statistics, Fir Tree Partners is one of the largest hedge funds in 2014 that estimated the company’s AUM at around $18 billion. It is owned by its founder, Jeffrey Tannenbaum, who started the company in 2009.

62. Glenview Capital Management

Owner: Larry Robbins
Based: New York
Founded: 2000
Assets: $17.5 billions
Website: wikipedia.org

Glenview Capital Management has an investment style that focuses on the so-called GARP strategy, growth at a reasonable price. They offer services for companies that work in stable and steady industries.

61. Magnetar Capital

Owner: Alec Litowitz, Ross Laser
Based: Illinois
Founded: 2005
Assets: $13.5 billion
Website: magnetar.com

Magnetar Capital is an investment hedge fund firm based in Evanston, Illinois. The company was actively involved in Collateralized Debt Obligation between 2006 and 2007.

60. TCI Fund Management

Owner: Christopher Hohn
Based: London
Founded: 2003
Assets: $10.9 billion
Website: tcifund.com

The Children’s Investment Fund Management is one of the largest UK hedge funds. They aim to invest globally in sustainable businesses and are also involved in the public market sector.

59. Discovery Capital Management

Owner: Direct Access Group, LLC
Based: Connecticut
Founded: 1999
Assets: $25.5 billion
Website: discoverycapital.com

Dedicated to hedge fund managing, Discovery Capital Management is among the world’s largest hedge funds. They are interested in supporting clean technology-related businesses from around the globe.

58. GoldenTree Asset Management

Owner: Steven Tananbaum
Based: New York
Founded: 2000
Assets: $26 billion
Website: goldentree.com

Golden Tree is one of the largest hedge funds in the United States, and it specialized in incorporating finances and structure credit markets.

57. Graham Capital Management

Owner: Kenneth G. Tropin
Based: Connecticut
Founded: 1994
Assets: $12 billion
Website: grahamcapital.com

Among the largest credit hedge funds, Graham Capital Management is leading the market of alternative investment. They currently have an AUM of over $12 billion.

56. JANA Partners

Owner: Barry Rosenstein
Based: New York
Founded: 2001
Assets: $10 billion
Website: janapartners.com

Jana Partners is a company founded by Barry Rosenstein, who is also the current CEO. Jana makes investments across the capital structures in both equity and debt.

55. Odey Asset Management

Owner: Crispin Odey
Based: London
Founded:1991
Assets: $10.2 billion
Website: odey.com

Odey Asset Management is one of the largest European hedge funds, being located in London. Owned by Crispin Odey, the company focuses on hedge funding and market investments.

54. Angelo, Gordon and Co.

Owner: Employee Owned
Based: New York
Founded: 1988
Assets: $27 billion
Website: angelogordon.com

One of the most respected hedge funds on the American Market, Angelo, Gordon, and Co., was founded by Michael L. Gordon and John M. Angelo in the late eighties.

53. Balyasny Asset Management

Owner: Employee Owned
Based: Chicago
Founded: 2001
Assets: $4 billion
Website: bamfunds.com

Balyasny Asset Management caters to the needs of both corporations and high-worth individuals, being one of the largest hedge funds Chicago based.

52. Highfields Capital Management

Owner: Privately Owned
Based: Boston
Founded: 1998
Assets: $10 billion
Website: highfieldscapital.com

Highfields Capital Management LP was founded in 1998 by Jonathon S. Jacobson, and it is an investment management company. Apart from their main clients, they also manage investment funds for philanthropic and charitable foundations.

51. CQS Capital

Owner: Michael Hintze
Based: London
Founded: 1999
Assets: $12.6 billion
Website: cqscapital.com

CQS is an asset management company that focuses on multi-strategy areas such as credit, equities, or loans.

50. Cevian Capital

Owner: Christer Gardell, Lars Förberg
Based: Stockholm, Sweden
Founded: 2002
Assets: $10 billion
Website: ceviancapital.com

One of the largest hedge fund companies globally, Cevian Capital, mainly focuses on international investment. They are one of the largest hedge funds active in Europe.

49. Tudor Investment Corp.

Owner: Paul Tudor Jones II
Based: Connecticut
Founded: 1980
Assets: $11 billion
Website: tudorfunds.com

Founded by Paul Tudor Jones II, Tudor Investment manages and invests funds in the public equity area. It is currently one of the top US hedge funds.

48. Henderson AlphaGen

Owner: Henderson Group
Based: London
Founded: 1999
Assets: $ 5.27 billion
Website: henderson.com

Henderson AlphaGen is one of the largest UK-based hedge funds. They have a loyal European client base, focusing on high-income clients.

47. Fortress Investment Group

Owner: Public
Based: New York
Founded: 1998
Assets: $66 billion
Website: fortress.com

With a remarkable evolution, Fortress Investment Group quickly gained recognition as one of the biggest hedge funds in the world. In 2014, it was named Hedge Fund Manager of the Year (Institutional Investor) and Management Firm of the Year (HFMWeek).

46. BlueMountain Capital Management

Owner: Privately Owned
Based: New York
Founded: 2003
Assets: $20 billion
Website: bluemountaincapital.com

BlueMountain Capital Management is a privately owned hedge fund that has locations both in New York and London. The company invests in fixed income and public equity.

45. Lansdowne Partners

Owner: Paul Ruddock, Steven Heinz
Based: London
Founded: 1998
Assets: $18 billion
Website: lansdownepartners.com

One of the oldest and most prestigious hedge funds in the world, Lansdowne Partners offers its services directly to pooled investment sources.

44. Pershing Square Capital Management

Owner: Bill Ackman
Based: New York
Founded: 2004
Assets: $12.4 billion
Website: lansdownepartners.com

One of the most successful top US hedge funds, Pershing Square Capital Management, is owned by billionaire Bill Ackman. They provide high-quality services around the globe.

43. Bracebridge Capital

Owner: Employee Owned
Based: Boston
Founded: 1994
Assets: $21.8 billion
Website: bracebridgecapital.com

Bracebridge Capital is one of the largest hedge funds in Boston, and it is managed and run by a woman, Nancy Zimmerman.

42. Wellington Hedge Management

Owner: Privately Owned
Based: Boston
Founded: 1994
Assets: $11.7 billion
Website: hedgefunds.wellington.com

Wellington Hedge Management is one of the most secretive hedge firms on the market, belonging to the funding giant Wellington Management.

41. Anchorage Capital Group

Owner: Employee Owned
Based: New York
Founded: 2003
Assets: $16.82 billion
Website: anchoragecapital.com.au

Anchorage Capital Group is one of the largest hedge funds on the market, employing 164 people and providing services to over 100 clients worldwide.

40. Canyon Partners

Owner: Employee Owned
Based: Los Angeles
Founded: 1990
Assets: $23 billion
Website: canyonpartners.com

One of the top hedge fund firms from the United States, Canyon Partners, was founded by Joshua S. Friedman and Mitchell R. Julis.

39. Moore Capital Management

Owner: Sponsor-Owned
Based: New York
Founded: 1989
Assets: $44.02 billion
Website: moorecapitalllc.com

An important presence on any list of hedge funds by AUM, Moore Capital Management, has a long history of high-quality services.

38. Value Partners

Owner: Independent
Based: Hong Kong
Founded: 1993
Assets: $17.8 billion
Website: valuepartners.com.hk

Value Partners is one of the biggest hedge funds in the world, having its headquarters located in Hong Kong. They are among the most important players in the financial world of Asia.

37. Paulson & Co.

Owner: John Paulson
Based: New York
Founded: 1994
Assets: $18 billion
Website: paulsonco.com

Paulson & Co is an alternative investment firm that focuses on event-driven investments. The founder, John Paulson, is currently serving as manager.

36. Third Point

Owner: Privately Owned
Based: New York
Founded: 1995
Assets: $17.5 billion
Website: thirdpoint.com

After a stellar evolution, Third Point management became one of the largest hedge funds in 2013. Three years later, the company is still among the top hedge fund firms in the world.

35. Brummer & Partners

Owner: Patrick Brummer, Per Josefsson, Peter Thelin
Based: Stockholm, Sweden
Founded: 1996
Assets: $14 billion
Website: brummer.se

Brummer & Partners is among the largest hedge funds in Europe, being a respected player on the global market.

34. ValueAct Capital Management

Owner: Privately Owned
Based: San Francisco
Founded: 2000
Assets: $11 billion
Website: valueact.com

ValueAct Capital Management is privately owned, and it provides services to both high-worth institutions and individuals.

33. Appaloosa Management

Owner: David Tepper
Based: Miami Beach
Founded: 1993
Assets: $14 billion
Website: amlp.com

One of the main large hedge fund companies on the market, Appaloosa Management, specializes in distressed debt.

32. Farallon Capital Management

Owner: Tom Steyer
Based: San Francisco
Founded: 1986
Assets: $21.5 billion
Website: faralloncapital.com

In 2011 Farallon Capital Management became the 12^th biggest hedge fund on the planet, managing individuals and companies.

31. King Street Capital Management

Owner: Privately Owned
Based: London
Founded: 1995
Assets: $22 billion
Website: kingstreet.com

Founded by Francis Biondi Jr. and Brian J. Higgins, King Street Capital Management is one of the largest hedge funds in the UK, ranking high in the global tops.

30. Platinum Asset Management

Owner: Kerr Neilson
Based: Australia
Founded: 1994
Assets: $24 billion
Website: platinum.com.au

According to Forbes, Platinum Asset Management is a very successful Australian hedge fund firm that turned its owner, South-African Kerr Neilson, into a top 50 Richest Australians.

29. Hillhouse Capital Management

Owner: Lei Zhang
Based: Beijing
Founded: 2005
Assets: $20 billion
Website: hillhousecap.com

Among the top hedge funds by AUM, this Asian-based company has managed to bloom and steadily increase its revenue since its creation in 2005.

28. York Capital Management

Owner: James Dinan
Based: New York
Founded: 1991
Assets: $23 billion
Website: yorkcapitalmanagement.com

York Capital Management’s main area of activity is investing in event-driven and merger strategies for high-end clients.

27. Marshall Wace

Owner: Paul Marshall, Ian Wace
Based: London
Founded: 1997
Assets: $15 billion
Website: mwam.com

A major hedge funds firm is Marshall Wace, located in London. The firm deals with both long and short equity funds.

26. Citadel

Owner: Kenneth C. Griffin
Based: Chicago
Founded: 1990
Assets: $25 billion
Website: citadel.com

Citadel is an American Hedge Fund company that operates with alternative asset management tools. They are currently among the largest hedge fund firms in the world.

25. Davidson Kempner Capital Management

Owner: Employee-owned
Based: New York
Founded: 1983
Assets: $25.4 billion
Website: dkpartners.com

This major hedge fund firm is one of the most prestigious on the market, offering high-quality services for over 30 years.

24. Elliot Management Corporation

Owner: Paul Singer
Based: New York
Founded: 1977
Assets: $27 billion
Website: elliottmgmt.com

Elliot Management Corporation is an American hedge fund mainly active on the distressing security market, such as debt in almost bankrupt companies.

23. Adage Capital Management

Owner: Employee Owned
Based: Boston
Founded: 2001
Assets: $8.9 billion
Website: www.adagecapital.com

Adage Capital Management is a Boston-based major hedge fund firm in the world. Founded in 2001, Adage is a power player on the market.

22. Baupost Group

Owner: Seth Klarman
Based: Boston
Founded: 1982
Assets: $29.4 billion
Website: baupost.com

We are getting closer to the top of our list of biggest hedge funds companies, and the Boston and London-based Baupost Groups is one of the largest firms on our top.

21. Lone Pine Capital

Owner: Privately Owned
Based: Connecticut
Founded: 1997
Assets: $24.5 billion
Website: lonepinecapital.com

Lone Pine Capital was founded by Stephen Mandel, currently serving as President of the Connecticut-based company.

20. Viking Global Investors

Owner: Ole Andreas Halvorsen
Based: Connecticut
Founded: 1999
Assets: $28.8 billion
Websites: vikingglobal.com

This American hedge fund has its headquarters in Greenwich, and it is currently ranking among the largest investment management firms in the world.

19. Winton Capital Management

Owner: David Harding
Based: London
Founded: 1997
Assets: $28 billion
Website: wintoncapital.com

Among the top 10 hedge funds globally, we find Winton Capital Management, a British Company that offers its services on a global scale.

18. Two Sigma

Owner: John Overdeck
Based: New York
Founded: 2001
Assets: $35 billion
Website: twosigma.com

Two Sigma is proud to state that they are an original investment manager who follows principles of innovation and technology.

17. Brevan Howard Capital Management

Owner: Allan Howard
Based: Jersey
Founded: 2002
Assets: $40 billion
Website: brevanhoward.com

Considered one of the largest macro-funds globally, Brevan Howard Capital Management offers its services to high-end clients and businesses.

16. Och-Ziff Capital Management

Owner: Daniel S. Och
Based: New York
Founded: 1994
Assets: $42 billion
Website: ozcap.com

Och-Ziff Capital Management is a company dedicated to alternative global asset management among the major hedge funds on the planet.

15. Grantham, Mayo, Van Otterloo & Co. [GMO]

Owner: Privately Owned
Based: Boston
Founded: 1977
Assets: $64 billion [2019]
Website: gmo.com

This prestigious hedge fund company has a long history of success since its founder, Jeremy Grantham, first created the firm in 1977. One of the largest hedge funds in Boston, Grantham, Mayo, Van Otterloo & Co., are still among the biggest players in the investment world.

13. GSO Capital Partners

Owner: The Blackstone Group
Based: New York
Founded: 2005
Assets: $55 billion
Website: blackstone.com

Currently one of the top hedge fund firms active on the market, GSO Capital Partners is a credit-oriented hedge fund company. They are also an important player on the leveraged finance marketplace.

12. Man Group

Owner: Jon Aisbitt
Based: London
Founded: 1783
Assets: $78.1 billion
Website: man.com

Among the top 10 hedge funds globally, Man Group has a long history of high-quality services that have taken them to an AUM of over $78 billion.

11. D.E. Shaw & Co.

Owner: David E. Shaw
Based: New York
Founded: 1988
Assets: $81.36 billion
Website: deshaw.com

D.E. Shaw & Co. is currently ranking at number 7 on the top dedicated to the largest hedge funds in the world, with an AUM od over $80 billion.

10. GAM Holding

Owner: Independent
Based: Switzerland
Founded: 1983
Assets: $116.6 billion [2019]
Website: gam.com

GAM Holding is located in Zurich, and it has offices worldwide, being one of the most important European hedge funds.

14. Renaissance Technologies

Owner: James H. Simons
Based: New York
Founded: 1982
Assets: $133 billion
Website: rentec.com

Mathematician Jim Simons founded Renaissance Technologies in 1982. Forbes lists Simons as the 68th wealthiest person globally as of Jan. 13, 2021, worth $23.5 billion.

With an AUM of $133 billion and over 200 employees, Renaissance Technologies is among the largest hedge funds firms in the world.

9. AQR Capital Management

Owner: Affiliated Managers Group
Based: Connecticut
Founded: 1998
Assets: $153.6 billion
Website: aqr.com

Another famous hedge fund that has an impressive AUM is the Connecticut-based AQR Capital Management.

8. Bridgewater Associates

Owner: Ray Dalio, Bob Prince
Based: Westport, Connecticut
Founded: 1975
Assets: $160 billion [2019]
Website: bwater.com

The winner of the title of the largest hedge fund in the world is Bridgewater Associates. This prestigious firm has delivered quality services since the beginning, remaining relevant after 40 years.

7. Millennium Management

Owner: Privately Owned
Based: New York
Founded: 1989
Assets: $207 billion
Website: mlp.com

Another remarkable company that has managed to evolve and gain success in the investment market, Millennium Management is our top 5 largest hedge funds winner.

6. Deutsche Bank Asset Management

Owner: Deutsche Bank
Based: New York
Founded: 1919
Assets under management: US$700 billion (2017), source
Website: deutscheam.com

With a staggering AUM of over $800 billion, this bank-owned company is among the world leaders in wealth and asset management.

5. Credit Suisse Asset Management

Owner: Credit Suisse Group
Based: New York
Founded: 1856
Assets under management: US$ 498 billion [2020], source
Website: credit-suisse.com

Credit Suisse Asset Management is among the biggest names of hedge fund companies in the world. The Swiss firm has a current AUM value of over $50 billion.

4. Goldman Sachs Asset Management

Owner: Goldman Sachs Group Inc.
Based: New York
Founded: 1989
Assets under management: US$1.8 trillion [2020], source
Website: assetmanagement.gs.com

Goldman Sachs used to be among the biggest hedge funds globally, but the company didn’t perform as well in recent years. However, they are still among the largest hedge fund of funds on the market.

3. Pacific Investment Management Co.

Owner: Privately Owned
Based: New Port Beach
Founded: 1971
Assets under management (2020) : $2.21 trillion, source
Website: pimco.com

One of the largest multinational investment firms, Pacific Investment Management Co., currently employs over 2,000 worldwide.

2. J.P. Morgan Asset Management

Owner: J.P. Morgan & Co.
Based: New York
Founded: 2000
Assets under management (2020) : $2.6 trillion, source
Website: jpmorgan.com

The second-largest hedge fund is J.P. Morgan Asset Management. This major player has been offering services to clients and businesses located worldwide for over 15 years.

1. BlackRock

Owner: Larry Fink
Based: New York
Founded: 1988
Assets under management (2020) : $8.67 trillion
Website: blackrock.com

We are closing the top 75 hedge funds globally with BlackRock, an American multinational investment management corporation based in New York City. Founded in 1988, initially as risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager.

Conclusion

With various business plans and strategies, the 75 largest hedge funds come from different locations on the planet. There are developing industries for hedge funding all over the world, and they shouldn’t be overlooked.

From New York to London and Hong Kong, now you know the most important, largest hedge funds available on the market. With high-quality services and amazing AUM numbers, all these companies are living proof of financial success!