Assets Surge by 36% for Emerging Managers; 74% of the top Hedge Funds report Assets Gains

March 24th, 2015
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The Top Emerging Hedge Fund Managers now manage $82.5 billion in U.S. equity assets, having seen their equity assets jump by nearly $22 billion during 2014.

74% of the hedge funds on the list saw their assets increase over the fourth quarter. Leading the top gainers were Soroban Capital Partners (+$1.1B), Starboard Value (+$772M), and Tourbillon Capital Partners (+$623M).

This quarter’s The Top Emerging Manager List is led by Soroban Capital, which stole the top spot from Corvex Management. Long/short equity focused Soroban reported equity assets of $7.5 billion at the end of the quarter. Soroban, 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.

Keith Meister’s Corvex, which now holds the #2 spot on the list, had previously held onto the top spot for three consecutive quarters.

Rounding out the top three funds is Global Macro specialist PointState Capital. Zach Schreiber’s PointState Capital reported equity assets of $5.9 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
PointState Capital
Soroban Capital Partners
Starboard Value
Related People: Anuj Malhotra*; Eric Mandelblatt; Gaurav Kapadia; Jeffrey Smith, Mark Mitchell, Peter Feld, Gavin Molinelli, Kenneth Marlin; Keith Meister; Michael Doniger; Nicholas Graziano; Rupal Doshi; Scott Friedman; Sean Cullinan*; Stanley Druckenmiller*; Steve Johnson; Zach Schreiber (CEO)
Related Entities: ; PointState Capital LP; PointState Fund LP; PointState Holdings LLC; Soroban Capital Partners LLC; TPG-Axon Capital Management*; Point State Capital; Ramius Capital Group*; Ramius Small-Cap Value*; RCG STARBOARD ADVISORS LLC; Soroban Fund LLC; Starboard Intermediate Fund; Starboard Value and Opportunity Fund
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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