California edges out Connecticut, Massachusetts and Illinois, claiming #2 spot on the Top States for Hedge Funds List
|February 2nd, 2015||
|The rankings for the states that house the most Hedge Funds has been released, revealing that California has more hedge funds than Connecticut, Massachusetts and Illinois, with 11% of all hedge funds on the list calling the Golden State their home. |
While California topped Connecticut by number of hedge funds, CT-based funds still manage a greater percentage of the total U.S. equity assets under management, with CT overseeing 13%, as compared to CA’s 7%.
Not surprisingly, New York State is once again the top state by a landslide, housing 53% of U.S. located hedge funds.
The top cities on this quarter’s list include New York, Greenwich, Boston, San Francisco, Chicago and Dallas.
Hedge Tracker releases a series of top hedge fund lists on a quarterly basis. To view the regional hedge fund lists in their entirety, please visit the Top Hedge Fund List ranking portal.