Assets Surge by 36% for Emerging Managers; 74% of the top Hedge Funds report Assets Gains

Discussion in 'Wall St. News' started by dealmaker, Apr 27, 2015.

  1. dealmaker

    dealmaker

    March 24th, 2015
    The Top Emerging Hedge Fund Managers now manage $82.5 billion in U.S. equity assets, having seen their equity assets jump by nearly $22 billion during 2014.

    74% of the hedge funds on the list saw their assets increase over the fourth quarter. Leading the top gainers were Soroban Capital Partners (+$1.1B), Starboard Value (+$772M), and Tourbillon Capital Partners (+$623M).

    [​IMG]
    This quarter’s The Top Emerging Manager List is led by Soroban Capital, which stole the top spot from Corvex Management. Long/short equity focused Soroban reported equity assets of $7.5 billion at the end of the quarter. Soroban, which is led by Eric Mandelblatt, Gaurav Kapadia and Scott Friedman, launched its flagship hedge fund in 2010. Before founding the NYC-based firm, all three founders worked together at TPG-Axon Capital.

    http://www.hedgetracker.com/article...il&utm_term=0_432c59f062-302e474d6d-307269609