Here's some data that addresses the first question. Note that the
lists below only cover those funds that make such information publicly
available; many (most?) funds do not publish their results.
Largest Hedge Funds, Ranked by Assets (in millions)
Source: Hedge Fund Research, Inc.
1. Highbridge Capital, $6,144
2. Fairfield Sentry, $5,000
3. Orbis Global Equity, $4,225
4. Vega Relative Value, $3,717
5. Cerberus International, $3,700
6. Orbis Optimal (U.S.), $3,441
7. Vega Global, $3,376
8. Shepard Investments International A, $3,213
9. King Street Capital $3,191
10. WG Trading Co. $2,753
11. Oaktree Capital Emerging Markets Composite $2,523
12. First Quadrant Tactical Currency Allocation Long/Short $2,522
13. Goldman Sachs Global Currency (U.S.) $2,453
14. First Quadrant Large Cap Core Equity $2,448
15. Davidson Kempner International $2,440
16. Elliott International $2,435
17. FX Concepts Diversified Currency Overlay $2,384
18. M. Kingdon Offshore A $2,283
19. Bridgewater Pure Alpha I $2,253
20. Ashmore Emerging Markets Liquid Investment $2,174
21. Vega Select Opportunities $2,033
22. Deephaven Market Neutral $2,026
23. KBC Multi-Strategy Arbitrage A $2,004
24. K4 $1,979
25. Canyon Value Realization A $1,953
26. Mariner Partners $1,942
27. Mariner Atlantic $1,942
28. Strategic Fixed Income Capital Fund $1,939
29. Rothschild Asset Management Small Cap $1,922
30. Sagamore Hill $1,816
Top-Performing Hedge Funds, Ranked By One-Year Return (as of Sep 30,
2004) (Assets in Millions)
Source: Growth of Hedge Funds, Hennessee Group LLC, New York
1. J-K Navigator Global established, $143.40, 111.02%
2. Firebird Global Global established, $156.41, 93.82%
3. Tradewinds Russia Partners I Global emerging, $65.00, 80.12%
4. JMBO Fund Global established, $44.00, 77.74%
5. Westcliff Energy Partners Sector, $8.20, 74.71%
6. RAB Special Situations A Global international, $242.00, 71.08%
7. AccessTurkey Global emerging, $27.92, 69.53%
8. Gazinvest Fund Sector, $23.85, 67.60%
9. Tradewinds Debt Strategies Global emerging, $21.00, 67.33%
10. Dynamis Energy Sector, $85.05, 59.30%
Top-Performing Hedge Funds, Ranked By 5-Year Return (as of Sep 30,
2004) (Assets in Millions)
Source: Growth of Hedge Funds, Hennessee Group LLC, New York
1. Tradewinds Russia Partners I Global emerging, $65.00, 1236.16%
2. Firebird New Russia Global emerging, $158.60, 863.61%
3. Ashmore Russian Debt Global emerging, $60.00, 785.29%
4. Firebird Fund Global emerging, $62.65, 759.06%
5. Prospect Fund Global established, $29.26, 739.08%
6. Hermitage (Worst Bid) Global emerging, $1,200.25, 679.70%
7. Firebird Republics Global emerging, $203.55, 565.02%
8. Leviticus Partners Global established, $49.76, 549.13%
9. Libra Fund Global international, $496.30, 499.53%
10. VR Distressed Assets Global emerging, $366.35, 485.86% |