Top Emerging Hedge Fund Managers up 30%; Corvex, Pointstate, & Soroban claim Top Spots

January 12th, 2015
| More
The Top U.S. Equity Emerging Hedge Fund Managers now manage $78.5 billion in U.S. equity assets, having seen their equity assets jump by nearly $18 billion during 2014.

56% of the hedge funds on the list saw their assets increase over the third quarter. Leading the top gainers were Voloridge Investment Management (+$1.1B), Marcato Capital Management (+$925M) and Myriad Asset Management (+$585M)

The Top Emerging Manager List is led for the third consecutive quarter by #1 Keith Meister’s Corvex Management. The Event-Driven focused hedge fund reported equity assets of $7.2 billion.

Long/short equity focused Soroban Capital Partners reported equity assets of $6.4 billion at the end of the quarter, which was enough for it to steal the number two spot on the list from PointState Capital. Soroban Capital, which is led by Eric Mandelblatt, Gaurav Kapadia and Scott Friedman, launched its flagship hedge fund in 2010. Before founding the NYC-based firm, all three founders worked together at TPG-Axon Capital.

Global Macro specialist PointState Capital claimed the third spot the list, having fallen one spot Quarter-Over-Quarter. Zach Schreiber’s PointState Capital reported equity assets of $5.3 billion.

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 2009 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
Marcato Capital Management
Myriad Asset Management
PointState Capital
Soroban Capital Partners
Related People: Anuj Malhotra*; Carl Huttenlocher, Scott Gaynor; Eric Mandelblatt; Gaurav Kapadia; Keith Meister; Michael Doniger; Nicholas Graziano; Richard “Mick” McGuire; Rupal Doshi; Scott Friedman; Sean Cullinan*; Stanley Druckenmiller*; Steve Johnson; Zach Schreiber (CEO)
Related Entities: Marcato II, L.P.; Marcato International Ltd.; Myriad Capital; PointState Capital LP; PointState Fund LP; PointState Holdings LLC; Soroban Capital Partners LLC; TPG-Axon Capital Management*; Marcato, L.P.; Myriad Asset Management; Point State Capital; Soroban Fund LLC
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Featured Reports; Hedge Fund Launches and Hedge Fund Closings

More Recent Headlines

Jeff Smith’s Starboard Value Wins – No More Free Breadsticks at Olive Garden

JANA Partners’ activist campaign with Civeo ends abrubtly on New Year’s Eve

Pershing Square’s Bill Ackman, Glenview’s Larry Robbins, & Third Point’s Dan Loeb have a stellar 2014

Steve Cohen’s Point72 announces Rubric Capital with David Rosen at the helm

Small Hedge Funds Continue to Dominate the Top Performance List; Alchemy Capital, EcoR1 Capital, venBio Select, Mulvaney & ISAM Shine

BlackRock, Macquarie and Millennium veterans join forces to found Zentific Investment Management

Merion Investment Management’s Andrew Barroway purchases 51% of the NHL’s Arizona Coyotes

JAT Capital continues climb up Top Connecticut Hedge Funds List; Stamford-based Hedge Funds gain momentum

The growing problem with Performance Fees

Is Activist Investing Just a Fad?