page_title: Hedge fund
section_title: Notable hedge fund managers
hierarchical_section_title: Hedge fund / Notable hedge fund managers
caption_attribution_description: Deutsch: 47. Münchner Sicherheitskonferenz 2011: George Soros, Vorsitzender, Soros Fund Management, während der Diskussion. English: 47th Munich Security Conference 2011: George Soros, Chairman of the Soros Fund Management, during the Discussion.
context_page_description: A hedge fund is an investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction and risk management techniques to improve performance, such as short selling, leverage, and derivatives. Because of its use of complex techniques, financial regulators typically do not allow hedge funds to be marketed or made available to anyone except institutional investors, high net worth individuals and other investors who are considered sufficiently sophisticated, such as being an accredited investor.
  Hedge funds are regarded as alternative investments. Their ability to make more extensive use of leverage and more complex investment techniques distinguishes them from regulated investment funds available to the retail market, such as US mutual funds and UCITS.
context_section_description: In 2015, Forbes listed:
  John Meriwether of Long-Term Capital Management, most successful returns from 27% to 59% through 1993 to 1998 until its collapse and liquidation.
  George Soros of Quantum Group of Funds
  Ray Dalio of Bridgewater Associates, the world's largest hedge fund firm with US$160 billion in assets under management as of 2017
  Steven A. Cohen of Point72 Asset Management, formerly known as founder of S.A.C. Capital Advisors
  John Paulson of Paulson & Co., whose hedge funds as of December 2015 had $19 billion assets under management
  David Tepper of Appaloosa Management
  Paul Tudor Jones of Tudor Investment Corporation
  Daniel Och of Och-Ziff Capital Management Group with more than $40 billion in assets under management in 2013
  Israel Englander of Millennium Management, LLC
  Leon Cooperman of Omega Advisors
  Michael Platt of BlueCrest Capital Management (UK), Europe's third-largest hedge-fund firm
  James Dinan of York Capital Management
  Stephen Mandel of Lone Pine Capital with $26.7 billion under management at end June 2015
  Larry Robbins of Glenview Capital Management, with $9.2 billion of assets under management as of July 2014
  Glenn Dubin of Highbridge Capital Management
  Paul Singer of Elliott Management Corporation, an activist hedge fund with more than US$23 billion in assets under management in 2013, and a portfolio worth $8.1 billion as of the first quarter of 2015
  Michael Hintze of CQS, with $14.4 billion of assets under management as of June 2015
  David Einhorn of Greenlight Capital, as the top 20 billionaire hedge fund managers.
  Bill Ackman of Pershing Square Capital Management LP
caption: George Soros, fund manager of Quantum Group of Funds
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