Assets jump by nearly 18% for leading Emerging Hedge Fund Managers; Soroban Capital, Corvex Management & Roystone Capital power gains

September 6th, 2014
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The Top U.S. Equity Emerging Hedge Fund Managers now manage $78 billion in U.S. equity assets, according to the latest hedge fund industry report. Overall, the top Emerging Hedge Funds have seen their equity assets jump by $11.8 billion, or 18%.

An impressive 80% of the hedge funds on the list saw their assets increase over the second quarter. Leading the top gainers are Soroban Capital Partners (+$1.2B), Corvex Management (+$762M), Roystone Capital Management (+$735M) and Overland Advisors LLC (+$721M). Notably, Corvex and Roystone were also among the top gainers during the first quarter of the year.

The Top Emerging Manager List is led for the second consecutive quarter by #1 Keith Meister’s Corvex Management and #2 Zach Schreiber’s PointState Capital.

The event-driven and opportunistic investing Corvex hedge fund reported equity assets of nearly $7.2B. Prior to founding Corvex Management, Meister worked at Carl Icahn’s firm for many years.

Global Macro specialist PointState Capital reported equity assets of $6.7 billion. PointState Capital was founded in 2010 by Zach Schreiber, former CEO Sean Cullinan and colleagues from Stanley Druckenmiller’s Duquesne Capital Management.

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.
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For Detailed Investor Profiles on these Investors, click below:
Corvex Management
PointState Capital
Roystone Capital Management
Soroban Capital Partners
Related People: Ahmar Ahmad; Anuj Malhotra*; Curry Ford; Eric Mandelblatt; Gaurav Kapadia; Keith Meister; Michael Doniger; Nicholas Graziano; Rich Barrera; Rupal Doshi; Scott Friedman; Sean Cullinan*; Stanley Druckenmiller*; Steve Johnson; Tej Arora; Zach Schreiber (CEO)
Related Entities: PointState Capital LP; PointState Fund LP; PointState Holdings LLC; Roystone Capital Offshore; Roystone Capital Partners LP; Soroban Capital Partners LLC; TPG-Axon Capital Management*; Point State Capital; Roystone Capital Master Fund Ltd; Soroban Fund LLC
Related Article Tags: Investment Management, Fund Manager and General Financial News; Featured Reports; Hedge Fund Launches and Hedge Fund Closings

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