California Hedge Funds continue to thrive, Assets surge by 13.5 percent
|September 3rd, 2014||
|The latest list of the Top Hedge Funds from California has been released, revealing that the list’s assets have increased by 13.5% year-to-date. Overall, the top California hedge funds oversee a combined $88.3 billion in US equities. |
Ten sector focused managers made the list this quarter, with their assets accounting for 10% of the list’s overall assets. The sector focused hedge funds on the list predominantly prefer either the Biotech & Healthcare industries, or the Tech, Media, and Telecom space.
The largest California hedge funds on the list are Jeffrey Ubben’s ValueAct Capital Management, John Scully and William E. Oberndorf’s SPO Advisory Corp and Thomas F. Steyer’s Farallon Capital Management.
Not surprisingly, northern California is still the favored home of California hedge funds, as twenty-three funds on the Top California Hedge Fund List are headquartered in downtown San Francisco, with an additional eleven funds being located in the greater Bay Area.
Hedge Tracker releases a series of top hedge fund lists on a quarterly basis. To view the Top California Hedge Fund list in its entirety, please visit the Top Hedge Fund List ranking portal.
For Detailed Investor Profiles on these Investors, click below: