Top Hedge Funds

Submitted by Sovestor on Tue, 05/20/2008 - 17:03.

Top 100 Hedge Fund Managers in 2009
(Barron's ranks their top 100 hedge fund list by 3 year annualized returns; source: Barrons, WSJ)

Video clip of author/compiler of the list Jack Willoughby discussing the ranking:

Top Hedge Fund Managers in 2008
(Rank, Name, Firm Name, 2008 Earnings; sorted by earnings; source: Institutional Investor - April 2009 Edition)

1. James Simons, Renaissance Technologies Corp., $2.5 billion.
2. John Paulson, Paulson & Co., $2 billion.
3. John Arnold, Centaurus Energy, $1.5 billion.
4. George Soros, Soros Fund Management, $1.1 billion.
5. Raymond Dalio, Bridgewater Associates, $780 million.
6. Bruce Kovner, Caxton Associates, $640 million.
7. David Shaw, D.E. Shaw & Co., $275 million.
8. Stanley Druckenmiller, Duquesne Capital Management, $260 million.
9. (tie), David Harding, Winton Capital Management, $250 million.
9. (tie), Alan Howard, Brevan Howard Asset Management, $250 million.
9. (tie), John Taylor Jr., FX Concepts, $250 million.
12. James Chanos, Kynikos Associates, $225 million.
13. Michael Platt, BlueCrest Capital Management, $210 million.
14. Roy Niederhoffer, R.G. Niederhoffer Capital Management, $200 million.
15. John Horseman, Horseman Capital Management, $180 million.
16. Paul Touradji, Touradji Capital Management, $140 million.
17. Henry Laufer, Renaissance Technologies Corp., $125 million.
18. Kenneth Tropin, Graham Capital Management, $120 million.
19. (tie), Pierre Andurand, BlueGold Capital Management, $90 million.
19. (tie), Dennis Crema, BlueGold Capital Management, $90 million.
19. (tie), Christopher Rokos, Brevan Howard Asset Management, $90 million.
22. (tie), Christian Baha, Superfund, $85 million.
22. (tie), Christian Levett, Clive Capital, $85 million.
24. William Dunn, Dunn Capital Management, $80 million.
25. Andrew Hoine, Paulson & Co., $75 million.

Top Hedge Fund Managers in 2007

According to Alpha Magazine (published on April 15, 2008 by Stephen Taub), here are the top 50 hedge fund managers in 2007 based on earnings these individuals earned in 2007 due to their funds' strong performances. Earnings include managers’ shares of fees as well as gains on their own capital.

Usual suspects are: George Soros, James Simons, Kenneth Griffin, Steven Cohen, Seth Klarman, T Boone Pickens, Jr., Louis Bacon, Carl Icahn, Paul Tudor Jones, Daniel Loeb, Daniel Och, Lee Ainslie, Marc Lasry and David Shaw.

Their outsize earnings are significantly higher than the average high-performance mutual fund managers' earnings.

Also on this blog entry below the list of top earners:

- list of hedge fund that performed well in 2007 according to Barron's.

- top 100 hedge funds to watch according to Financial Times.

Top hedge fund managers in 2007 based on earnings:

Rank	Investment Manager Name	Investment Firm Name	*2007 Earnings (in USD)**
1	John Paulson	Paulson & Co.	3.7 billion
2	George Soros	Soros Fund Management	2.9 billion
3	James Simons	Renaissance Technologies Corp.	2.8 billion
4	Philip Falcone	Harbinger Capital Partners	1.7 billion
5	Kenneth Griffin	Citadel Investment Group	1.5 billion
6	Steven Cohen	SAC Capital Advisors	900 million
7	Timothy Barakett	Atticus Capital	750 million
8	Stephen Mandel Jr.	Lone Pine Capital	710 million
9	John Griffin	Blue Ridge Capital	625 million
10	O. Andreas Halvorsen	Viking Global Investors	520 million
11	John Arnold	Centaurus Energy	480 million
12	James Dinan	York Capital Management	470 million
13 tie	Joseph DiMenna	Zweig-DiMenna Partners	450 million
13 tie	David Slager	Atticus Capital	450 million
15	Seth Klarman	Baupost Group	425 million
16	Lawrence Robbins	Glenview Capital Management	420 million
17	William von Mueffling	Cantillon Capital Management	410 million
18 tie	Charles (Chase) Payson Coleman III	Tiger Global Management	400 million
18 tie	Raymond Dalio	Bridgewater Associates	400 million
18 tie	Israel Englander	Millennium Partners	400 million
18 tie	Chris Shumway	Shumway Capital Partners	400 million
22	John Kleinheinz	Kleinheinz Capital Partners	380 million
23 tie	John Burbank III	Passport Capital	370 million
23 tie	T. Boone Pickens, Jr.	BP Capital Management	370 million
25 tie	Glenn Dubin	Highbridge Capital Management	360 million
25 tie	Henry Swieca	Highbridge Capital Management	360 million
27 tie	Noam Gottesman	GLG Partners	350 million
27 tie	Pierre Lagrange	GLG Partners	350 million
27 tie	David Tepper	Appaloosa Management	350 million
30	Louis Bacon	Moore Capital Management	315 million
31 tie	Greg Coffey	GLG Partners	300 million
31 tie	Carl Icahn	Icahn Partners	300 million
31 tie	Paul Tudor Jones II	Tudor Investment Corp.	300 million
34	Eric Mindich	Eton Park Capital Management	290 million
35	Alec Litowitz	Magnetar Capital Partners	280 million
36	Daniel Loeb	Third Point	270 million
37	Paul Touradji	Touradji Capital Management	265 million
38 tie	Bill Hwang	Tiger Asia Management	250 million
38 tie	Richard Perry	Perry Capital	250 million
38 tie	Nathaniel Rothschild	Atticus Capital	250 million
41 tie	Alan Howard	Brevan Howard Asset Management	245 million
41 tie	Daniel Och	Och-Ziff Capital Management Group	245 million
43	Thomas Steyer	Farallon Capital Management	230 million
44 tie	Lee Ainslie III	Maverick Capital	225 million
44 tie	David Harding	Winton Capital Management	225 million
44 tie	Marc Lasry	Avenue Capital Group	225 million
47 tie	Michael Platt	BlueCrest Capital Management	220 million
47 tie	George Robinson	Sloane Robinson Investment Services	220 million
47 tie	Hugh Sloane	Sloane Robinson Investment Services	220 million
50	David Shaw	D.E. Shaw & Co.	210 million
*Earnings include managers’ shares of fees as well as gains on their own capital.

How about hedge fund performances? Apparently, the list of hedge fund that performed well in 2007 is not so linear to the above list. According to Barron's, here is the world's best performing hedge funds in 2007:

1. Hedge Fund: Passport II Global
Company: Passport Capital
2007 Return: 219.44%

2. Hedge Fund: Dynamic Power
Company: Goodman & Company
2007 Return: 38.60%

3. Hedge Fund: Paulson Enhanced
Company: Paulson & Co.
2007 Return: 129.13%

4. Hedge Fund: Balestra Capital Partners
Company: Balestra Capital
2007 Return: 199.14%

5. Hedge Fund: Renaissance Technologies Medallion Fund
Company: Renaissance Technologies
2007 Return: 73.70%

6. Hedge Fund: Metage Special Emerging Market
Company: HIG Capital
2007 Return: 61.65%

7. Hedge Fund: Atticus European
Company: Atticus Management
2007 Return: 27.86%

8. Hedge Fund: Harbinger Capital Partners Flagship Fund
Company: Harbinger Capital Partners
2007 Return: 116.10%

9. Hedge Fund: The Children's Investment Fund
Company: The Children's Investment Fund Management
2007 Return: 37.59%

10. Hedge Fund: Aisling Analytics Pte Ltd Merchant Commodity Fund
Company: Aisling Analytics Pte
2007 Return: 36.91%

11. Hedge Fund: Blackhorse Emerging Enterprises Fund
Company: Blackhorse Asset Mangement Pte.
2007 Return: 26.16%

12. Hedge Fund: Sabre Fund
Company: Mathews Capital Partners
2007 Return: 105.16%

13. Hedge Fund: Global Emerging Markets Fund (USD)
Company: Nevsky Capital
2007 Return: 40.72%

14. Hedge Fund: Long-Term Investment Fund (SIA) (USD)
Company: Strategic Investment Advisors
2007 Return: 46.20%

15. Hedge Fund: Zweig-DiMenna International
Company: Zweig-DiMenna International Managers
2007 Return: 79.10%

16. Hedge Fund: Polar Capital Paragon Absolute Return Fund (GBP)
Company: Polar Capital Partners
2007 Return: 15.76%

17. Hedge Fund: Eastern Advisors
Company: Eastern Advisors
2007 Return: 91.60%

18. Hedge Fund: Paulson Advantage
Company: Paulson & Co.
2007 Return: 94.77%

19. Hedge Fund: Value Partners Classic Fund
Company: Value Partners
2007 Return: 41.10%

20. Hedge Fund: SR Global Fund Class C - International Portfolio
Company: Sloane Robinson
2007 Return: 40.70%

21. Hedge Fund: Libra Fund
Company: Libra Advisors
2007 Return: 40.81%

22. Hedge Fund: Horseman Global Fund - Class A (USD)
Company: Horseman Capital Management
2007 Return: 32.93%

23. Hedge Fund: Nevsky Fund Limited - Class A (USD)
Company: Nevsky Capital
2007 Return: 29.77%

24. Hedge Fund: Blenheim Fund
Company: Blenheim Capital Management
2007 Return: 16.49%

25. Hedge Fund: SR Global Fund Class G - Emerging Mkts Portfolio
Company: Sloane Robinson
2007 Return: 33.80%

According to Financial Times (FT), here are the top 100 hedge funds to watch:

Angelo Gordon, John Angelo and Michael Gordon
AQR Capital Management, Clifford Asness
Appaloosa Management, David Tepper and Jack Walton
Atticus Capital, Timothy Barakett, David Slagger
Avenue Capital, Marc Lasry, Sonia Gardner
Bessent Capital, Scott Bessent
Blackstone (Kailix Advisors), J Tomlinson, Bruce Amlicke, Halbert Lindquist
Blue Ridge Capital, John Griffin
Blue Mountain, Andrew Feldstein, Stephen Siderow, Gery Sampere
BP Capital Management, T Boone Pickens
Bridgewater, Ray Dalio
Bulldog Investors, Philip Goldstein
Cantillon, William Von Mueffling
Blue Wave (Caryle Group), Ralph Reynolds, Rick Goldsmith
Caxton Associates, Bruce Kovner
Centaurus Energy, John Arnold
Cerberus Capital, Steve Feinberg
Citadel, Ken Griffin
Citigroup/Tribeca, Oliver Dobbs, Albert Ee, Gay Huey Evans, Steve Geovanis, Rick Harrell, Sofia Katzap
Clarium Capital, Peter Thiel
Convexity, Jack Meyer
DE Shaw, David Shaw
Dillon Read (UBS), John Costas, William Brown, John Larum, Joe Scoby
Elliot Associates, Paul Singer
ESL Investments, Edward Lampert
Eton Park, Eric Mindich
Farallon, Thomas Steyer
Fortress, Wes Edens
FrontPoint, Gil Caffray
Greenlight Capital, David Einhorn
Goldman Sachs Asset Management, Eric Schwartz, Peter Kraus
Highfields Capital, Jonathon Jacobson, Richard Grubman
Icahn Partners, Carl Icahn
JP Morgan/Highbridge, Glen Dubin
JWM Partners, John Meriweather
Kingdon Capital, Mark Kingdon
Kynikos, James Chanos
Lone Pine, Stephen Mandel
Magnetar, Alec Litowitz
Maverick Capital, Lee Ainsile
Millenium Partners, Israel Englander
Moore Capital, Louis Bacon
Och-Ziff, Dan Och
Omega Advisors, Leon Cooperman
Ospraie Management, Dwight Anderson
Paulson & Co., John Paulson
Pequot Capital, Arthur Samberg
Perry Capital, Richard Perry
PSAM, Peter Schoenfeld
Renaissance Technologies, James Simmons
SAC Capital, Steven Cohen
Silver Point Capital, Edward Mule, Robert o'shea
Third Point Partners, Daniel Loeb
Touradji Capital, Paul Touradji
TPG-Axon, Dinakar Singh
Trafelet & Co, Remy Trafelet, LC Kvaal
Tudor, Paul Tudor Jones
Soros Fund Management, George Soros
York Capital, James Dinan
Barclays Global Investors, Stan Beckers, Ken Kroner
BlueBay Asset Management, Hugh Willis, Mark Poole
BlueCrest Capital, Michael Platt, William Reeves
Boussard & Gavaudan, Emmanuel Boussard, Emmanuel Gavaudan
Brevan Howard, Alan Howard
Brummer & Partners, Patrik Brummer
Cambridge Place Investment Management, Martin Finegold, Bob Kramer
Centaurus Capital, Bernard Opetit, Randy Freeman
Cheyne Capital, Jonathon Lourie, Stuart Fiertz
CQS, Michael Hintze
Egerton Capital, John Armitage
Ferox Capital, Jeremy Hermann
Fulcrum Asset Management, Gavyn Davies
Gartmore, Roger Guy
GLG Partners, Noam Gottesman, Pierre Lagrange, Emmanuel Roman
Hermitage Capital Management, William Browder
KBC Alternative Investment Management, Carlo Georg
Lansdowne Partners, Paul Ruddock, Steven Heinz, Peter Davies, Stuart Roden
London Diversified Fund Management, David Gorton
Man Group / AHL, Tim Wong
Marshall Wallace, Ian Wace, Paul Marshall
Jabre Capital Partners, Philippe Jabre
Polygon Investments, Reade Griffith, Alexander Jackson, Paddy Dear
RAB Capital, Philip Richards
Red Kite, Michael Farmer, David Lilley, Oskar Lenowski
Sloane Robinson, Hugh Sloane, George Robinson, Richard Chenevix-Trench
The Children's Investment Fund, Chris Hohn
Thames River Capital, Charlier Porter
Tocasfund, Martin Hughes
Vega Asset Management, Ravinder Mehra
ADM Capital, Robert Appleby
Basis Capital, Steve Howell, Stuart Fowler
Artradis Fund Management, Richard Magides, Stephen Diggle
LIM Advisors, George Long
Platinum Asset Management, Kerr Neilson
Sparx Group, Shuhei Abe
Tantallon Capital, Nick Harbinson
Winnington Capital, Kenneth Hung