Ranked by percentage of discretionary assets managed in (single manager) hedge funds worldwide for institutions as of June 30, 2015.
| Rank | Manager | % of worldwide assets institutional |
% of U.S. assets institutional |
|---|---|---|---|
| 1 | Black River Asset Mgmt. | 100.0% | 69.0% |
| 2 | Bridgewater Associates | 100.0% | 52.7% |
| 3 | Salient Partners | 100.0% | 100.0% |
| 4 | Nephila Capital | 98.7% | 18.7% |
| 5 | Neuberger Berman | 97.6% | 92.3% |
| 6 | Tide Point Capital Mgmt. | 96.9% | 70.6% |
| 7 | Highland Capital Mgmt. | 96.7% | 79.1% |
| 8 | Waterfall Asset Mgmt. | 96.5% | 67.1% |
| 9 | Capstone Investment Advisors | 95.8% | 43.5% |
| 10 | Gramercy Funds Mgmt. | 95.7% | 53.5% |
| 11 | DW Partners | 92.3% | 67.3% |
| 12 | Magnetar Capital | 91.6% | 69.9% |
| 13 | Pacific Investment Mgmt. Co. | 91.3% | 37.1% |
| 14 | Solus Alternative Asset Mgmt. | 87.8% | 76.4% |
| 15 | Hudson Bay Capital Mgmt. | 85.5% | 71.7% |
| 16 | BlueMountain Capital Mgmt. | 83.8% | 19.0% |
| 17 | Napier Park Global Capital | 81.3% | 40.3% |
| 18 | MKP Capital Mgmt. | 76.8% | 34.9% |
| 19 | Finisterre Capital | 74.9% | 60.0% |
| 20 | The Children’s Inv. Fund | 72.7% | 50.0% |
| 21 | Man Group | 72.5% | 14.8% |
| 22 | Birch Grove Capital | 72.3% | 55.6% |
| 23 | Highline Capital Mgmt. | 72.1% | 62.8% |
| 24 | GoldenTree Asset Mgmt. | 71.8% | 40.1% |
| 25 | D.E. Shaw Group | 70.1% | 37.4% |
Source: Pensions & Investments survey
Ranked by discretionary assets managed in hedge funds-of-funds for institutions worldwide, in millions, as of June 30, 2015.
| Rank | Manager | % of worldwide assets from institutions |
% of U.S. assets from institutions |
|---|---|---|---|
| 1 | Commonfund | 100.0% | 95.5% |
| 2 | Towers Watson | 100.0% | 19.4% |
| 3 | Pacific Alt. Asset Mgmt. Co. | 99.5% | 93.7% |
| 4 | Investcorp | 99.4% | 31.0% |
| 5 | Aetos Alternatives Mgmt. | 99.3% | 93.6% |
| 6 | Strategic Inv. Group | 99.2% | 84.4% |
| 7 | Diversified Global Asset Mgmt. | 99.1% | 62.3% |
| 8 | K2 Advisors | 97.8% | 47.6% |
| 9 | Neuberger Berman | 96.9% | 31.0% |
| 10 | Mesirow Advanced Strategies | 96.1% | 40.1% |
| 11 | Private Advisers | 96.0% | 93.1% |
| 12 | EnTrust Capital | 95.1% | 92.9% |
| 13 | Amundi Alternative Investments | 94.2% | 0.0% |
| 14 | GCM Grosvenor | 94.2% | 53.5% |
| 15 | Arden Asset Mgmt. | 93.8% | 59.4% |
| 16 | Crestline Investors | 91.3% | 76.5% |
| 17 | Pinnacle Asset Mgmt. | 89.9% | 42.1% |
| 18 | BlackRock (BLK) | 89.2% | 20.2% |
| 19 | Russell Investments | 88.6% | 25.4% |
| 20 | BNY Mellon | 88.5% | 18.2% |
| 21 | Lyxor Asset Mgmt. | 88.3% | 81.4% |
| 22 | SEI Investments (SEIC) Mgmt. | 88.1% | N/A |
| 23 | Blackstone Alternative Asset Mgmt. | 85.9% | 37.5% |
| 24 | Lighthouse Investment Partners | 82.6% | 48.8% |
| 25 | Magnitude Capital | 79.5% | 51.7% |
Source: Pensions & Investments survey
According to Pensions & Investments assets managed in hedge funds-of-funds worldwide as of June 30 totaled $441.2 billion. Assets managed by the 25 largest funds-of-funds managers totaled $381.1 billion, or 86.4% of the total.
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