California Funds down again but not without bright spots from 9 funds showing double digit growth

July 8th, 2016
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The new Top Hedge Funds from California list has been released, revealing another down quarter for top West Coast funds. The Top 50 California funds saw assets decline 13% from $90B to $78B. In fact, 30 of the top 50 funds reported a decline in assets.

Despite negative trends, 9 funds saw their assets increase more than 10% - led by Ares Management LLC (#19) and Falcon Point Capital (#37).

Falcon Point Capital is based in San Francisco and primarily invests in small cap growth companies using a bottom-up research approach. Falcon has three core equity strategies: Small Cap Growth Strategy, Long/Short Strategy, and Micro Cap Growth Strategy.

For another quarter, the California list is headlined by ValueAct Capital Management (GARP), Farallon Capital Management (Long/Short Global Equity) and SPO Advisory (TMT Focused).

The Top California Hedge Funds list welcomed 4 new entrants this quarter: Bailard Inc (#29), Sansome Partners (#31), HMI Capital (#43), and Tensile Capital Management (#50).

Not surprisingly, eleven sector focused hedge fund managers made the rankings, with their assets accounting for 17% of the list’s overall assets. The sector funds on the list predominantly focus on the Technology, Media, Telecom, Biotech and Healthcare industries.

Hedge Tracker releases a series of top hedge fund lists on a quarterly basis. To view the Top California Hedge Fund list in its entirety, please visit the Top Hedge Fund List ranking portal.
For Detailed Investor Profiles on these Investors, click below:
Farallon Capital Management
Passport Capital LLC
SPO Advisory Corp
ValueAct Capital Management
Related People: ; Andrew J.M. Spokes; Andrew Seligson; David Kim; Dr. Thomas Roberts Jr.; Edward Bozaan; Edward Chung; Edward H. McDermott; Ejnar Knudsen*; Eli Weinberg; Florence Eid*; Jeffrey W. Ubben; Jim Cunningham; John Burbank III; John Harold Scully; John Moran; John Warren; John Woodberry*; Mike Yuen(retired)*; Neil Adshead*; Ravi Paidipaty; Seth Spaldingl; Thomas Steyer*; Walther Lovato; William Oberndorf; William Seybold
Related Entities: Blum Capital Partners*; Farallon Capital Institutional Partners; Farallon Capital Partners; Farallon Credit Opportunity; Farallon Special Situations; FKG Capital; Hellman & Friedman; Main Street Partners; Noonday Global Management; Passport Capital Rig; Passport Energy; Passport Europe Ltd; Passport India Investments; Passport Management; Passport Master; Passport Materials; Passport Special Opportunities; SF Advisory Partners; SPO Advisory Co; SPO Partners & Co; ValueAct AllCap International LP; ValueAct Capital International; ValueAct Capital LLC; ValueAct Holdings GP LLC
Related Article Tags: Investment Management, Fund Manager and General Financial News


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