California’s Hedge Funds closed out 2014 Strong, Reaching another All-Time High

April 14th, 2015
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The latest list of the Top Hedge Funds from California has been released, revealing that the list’s assets surged by 19.6% year-over-year. The top funds bounced back from a weak third quarter, by gaining $5.2 billion during the final quarter of 2014, ending the year with $93.1 billion in combined assets.

Twenty-eight hedge funds on the Top 50 California Hedge Fund list saw their equity assets increase over the fourth quarter. Leading the top gainers were ValueAct Capital Management (+$1B) and Farallon Capital Management (+$891M). ValueAct’s strong quarter enabled Jeffrey Ubben’s hedge fund to once again claim the top spot on the list.

Twenty-two of the funds on the Top California Hedge Fund List, including ValueAct and Farallon, are headquartered in downtown San Francisco, with an additional twelve funds being located in the greater Bay Area. Down the coast, eleven of the top hedge funds call Los Angeles home, while only four of the top funds are located in the San Diego area.

Not surprisingly, eleven sector focused hedge fund managers made the rankings, with their assets accounting for 17% of the list’s overall assets. The sector funds on the list predominantly focus on the Technology, Media, Telecom, Biotech and Healthcare industries.

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:
Farallon Capital Management
ValueAct Capital Management
Related People: ; Andrew J.M. Spokes; David Kim; Dr. Thomas Roberts Jr.; Edward Chung; Jeffrey W. Ubben; John Warren; Ravi Paidipaty; Thomas Steyer*; William Seybold
Related Entities: Blum Capital Partners*; Farallon Capital Institutional Partners; Farallon Capital Partners; Farallon Credit Opportunity; Farallon Special Situations; FKG Capital; Hellman & Friedman; Noonday Global Management; ValueAct AllCap International LP; ValueAct Capital International; ValueAct Capital LLC; ValueAct Holdings GP LLC
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Featured Reports


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