30 Hedge Funds join the Top Mid-Tier Hedge Funds List; Led by Catalyst Capital, Seatown Holdings and Redwood Capital
|October 14th, 2015||
|The Top Mid-Sized Hedge Funds now oversee a combined $69.6 billion in assets, according to Hedge Tracker’s most recent rankings. This quarter’s list is led by GEM Realty Advisors, a real estate-focused fund based in Chicago, Illinois.|
Notably, 30 growing hedge funds joined this quarter’s Top Mid-Sized Hedge Fund list. The new entrants are led by Catalyst Capital Partners, Seatown Holdings Pte Ltd, and Redwood Capital Management. Catalyst is multi-strategy fund based in Huntington, NY and founded in 2006 with nearly $850 million in US equity assets. Seatown Holdings is a Singapore based hedge fund that incorporated in 2009. Redwood Capital focused primarily on distressed and stressed credit opportunities and is based in Englewood Cliffs, NJ.
Seventeen sector focused managers made the list with combined assets of nearly $12 billion. The sector focused managers on the list have a range of industry focuses, including: Energy, Financials, Healthcare, Technology and Tech-Media-Telecom (TMT) .
A number of the funds on the list registered >30% growth over the quarter, including Interval Partners (41% growth, #22 on list); Ardsley Advisory Partners (37%, #15), Newbrook Capital Advisors (33%, #14) and Portolan Capital Management (31%, #44). The largest gainer, Interval Partners, primarily invests in stocks of small-cap and large-cap companies. It employs fundamental analysis and was founded in February 2012 in New York.
Ranking Methodology: The top 100 Mid-Sized Hedge Fund rankings are compiled on a quarterly basis using hedge fund firms’ overall U.S. equity assets under management. The list includes the top hedge funds with less than $850 million in U.S. equity assets. To view the Top 100 Hedge Fund list in its entirety, please visit the premium Hedge Fund Portal.