World's Largest Hedge Funds See Investment Rebound After a nearly two-year hiatus, investors are once again allocating new capital to hedge funds, and the firms on Institutional Investor's Hedge Fund 100 are the major beneficiaries. The 101 managers in our ninth annual ranking of the world’s largest single — manager hedge fund firms — there is a four-way tie for No. 98 — managed a combined $1.08 trillion in assets at the start of this year. That's up nearly 5 percent from the $1.03 trillion in assets that the firms on the 2009 Hedge Fund 100 had one year earlier but still a far cry from the record $1.35 trillion the world’s biggest hedge funds managed at the end of 2007.
How the Ranking Was Compiled In Institutional Investor's 2010 Hedge Fund 100, we provide each manager's total assets under management as of January 4, 2010, unless otherwise indicated. Where possible, we also show assets at the individual fund level, with 2009 net returns through year-end, for the five biggest funds run by a firm. Asset totals reflect internally run, single-manager hedge funds and separate accounts, including long-only funds that charge hedge-fund-style fees; they exclude funds of hedge funds, overlay accounts, funds managed by third parties, mutual funds and traditional long-only money, dynamic money market funds, assets in collateralized debt and bond obligations, private equity and venture capital. We gathered data through questionnaires completed by hedge fund managers, supplemented by extensive II staff research. The ranking was compiled by Senior Editor Jane B. Kenney, with the assistance of Contributing Editor Stephen Taub. To request a questionnaire for next year's Hedge Fund 100 ranking, please e-mail your contact details to HF100@iimagazine.com
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