|The Top Emerging Hedge Fund Manager list has undergone its annual refresh and the new list now includes 75 emerging managers that oversee a combined $98.6 billion in U.S. equity assets. |
An impressive 80% of the hedge funds on the list saw their assets increase over the most recent quarter. Leading the top gainers are Tourbillon Capital Partners (+$741M), Anchor Bolt Capital, LP (+$735M) and Hitchwood Capital Management (+$725M).
With nearly $2.6 billion in equity assets, Jason Karp’s Tourbillon Capital Partners is ranked #9 on The Top Emerging Manager List, breaking into the top 10 for its first time. Prior to launching Tourbillon Capital in 2013, Karp was the co-chief investment officer of Carlson Capital. Before Carlson, he was the director of research and a PM at SAC Capital's CR Intrinsic.
With $1.7 billion in assets, Hitchwood Capital Management is the only fund that was founded in 2014 or later to crack the top 15. New York-based Hitchwood Capital was launched in July of last year by James Crichton, who had previously co-founded Scout Capital.
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.