The quant hedge fund D.E. Shaw is the most glaring absence from
AR Magazine's latest list
(subscription required) of the biggest hedge funds in the US.
Back in
March, DE Shaw made it onto the list of the
top 10 biggest hedge funds in the world.
The firm recently announced
150 layoffs because of the fund's lower assets under management. DE
Shaw used to manage $29 billion at its peak, and $23 billion just six
months ago.
Now, they say they manage
around $21
billion, but for some reason they didn't make it on the list, where
it seems they should have.
AR Magazine says
they're managing more like $17.8 million.
We also think the next edition of this list will be very
interesting. It may just be a rumor, but we've heard that Bridgewater,
currently #1, has been facing a lot of employee turnover.
TOP TEN HEDGE FUNDS IN THE AMERICAS
|
Firm |
AUM ($ billions) |
|
Bridgewater Associates |
50.9 |
|
JPMorgan |
41.1 |
|
Paulson & Co. |
31 |
|
Soros Fund Management |
27 |
|
Och-Ziff Capital Management Group
|
25.3 |
|
BlackRock |
22.83 |
|
Angelo, Gordon & Co. |
22.68 |
|
Baupost Group |
22 |
|
Farallon Capital Management |
20 |
|
King Street Capital Management |
19.3 |
Source: AR Magazine
In March, DE Shaw would have made the list at number 6, as Pensions and
Investments showed their assets under management at $23 billion.
