|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.