Emerging Hedge Fund Managers stumble as Assets fall by 7%; Hosking Partners & Sachem Head Capital stay strong

January 26th, 2016
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The Top Emerging Hedge Fund Managers now manage $98.1 billion in U.S. equity assets, having seen their equity assets fall by $7.1 billion during the most recent quarter. Only 39% of the hedge funds on the list saw their assets increase over the quarter. Leading the top gainers are Hosking Partners and Sachem Head Capital Management.

This quarter’s Top Emerging Manager List is once again led by Soroban Capital, which stole away the top spot from Corvex Management. Long/short equity focused Soroban reported equity assets of $8.3 billion at the end of the quarter. Soroban is led by TPG-Axon alums Eric Mandelblatt, Gaurav Kapadia and Scott Friedman.

Keith Meister’s Corvex, which now holds the #2 spot on the list, had previously held onto the top spot for three out of the past four most recent quarters. Corvex reported managing assets of nearly $8 billion, having seen their assets fall by -11% Quarter-over-Quarter.

Rounding out the top three is quant specialist PDT Partners LLC. Peter Muller’s hedge fund reported equity assets of $4.5 billion, having seen its assets increase by an impressive 17% Q-O-Q.

Ranking Methodology: The Top U.S. Equity Emerging Manager Hedge Fund rankings are compiled on a quarterly basis using hedge fund firms’ overall U.S. equity assets. The Emerging Hedge Fund rankings include firms that were launched in 2010 or later. To view the list in its entirety, please visit Hedge Tracker’s Hedge Fund Portal.
For Detailed Investor Profiles on these Investors, click below:
Corvex Management
PDT Partners LLC
Soroban Capital Partners
Sachem Head Capital Management
Related People: Eric Mandelblatt; Gaurav Kapadia; Keith Meister; Michael Doniger; Nicholas Graziano; Peter Muller; Rupal Doshi; Scott Ferguson; Scott Friedman; Steve Johnson
Related Entities: Sachem Head Capital; Alpha Dog LLC; Blackstone Group; Morgan Stanley*; PDT Capital Group LP; PDT Partners; Sachem Head GP LLC; Sachem Head Master; Soroban Capital Partners LLC; TPG-Axon Capital Management*; Process Driven Trading; Sachem Head LP; Soroban Fund LLC
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Launches and Hedge Fund Closings


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