The Global Billion Dollar Club Spring 2017: Elite managers’ group levels off at 434 firms running $2.47 trillion
By Staff Writer
Tue Apr 25, 2017
As a group, the 434 members of the Club oversaw assets of $2.47 trillion at the start of 2017 – a slight decrease from the $2.48 trillion managed by the 428 Club members a year ago
Amal Robleh-Gessel, co-head data and research, Hedge Fund Intelligence
The global hedge fund industry’s largest managers continue to account for an ever-increasing proportion of total industry assets – according to the latest statistics on the Global Billion Dollar Club, the elite group of firms that manage $1 billion or more in hedge fund assets.
As a group, the 434 members of the Club oversaw assets of $2.47 trillion at the start of 2017 – a slight decrease from the $2.48 trillion managed by the 428 Club members a year ago.
The Global Billion Dollar Club continues to represent the large majority of global offshore hedge fund assets, with the Club’s members now controlling 90% of total industry assets (up from 88% at the end of June 2016 and the 89% they accounted for at the end of 2015).
