West Coast heats up as Top California Hedge Funds see assets jump 5.6 percent
|June 30th, 2014||
|The latest list of the Top 50 Hedge Funds from California has been released, revealing that the list’s assets have increased by 5.6% year-to-date. Overall, the top California hedge funds oversee a combined $82.2 billion in US equities. |
Not surprisingly, twenty-three hedge funds on the Top California Hedge Fund List are headquartered in downtown San Francisco, while an additional twelve funds are located in the greater Bay Area. Eleven of the top hedge funds call Los Angeles home, while the remaining funds are sprinkled across the state.
Ten sector focused managers made the list with their assets accounting for 11% of the list’s overall assets. The sector focused hedge funds on the list have a range of industry focuses, but the majority of these funds focus on the Tech, Media, and/or Telecom industries.
The largest California hedge funds on the list are Jeffrey Ubben’s ValueAct Capital Management, John Scully and William E. Oberndorf’s SPO Advisory Corp and Christopher James’ Partner Fund Management.
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: