Risk Without Reward

2009 Manager Roll Call

Alpha Magazine has published its most recent update of the top 10 single strategy hedge funds.  This includes, helpfully, the position at January 1, 2009 - after Dec 31 redemptions.

The current list is:

"Alpha's" Hedge Fund 100 Top 10

Rank  Firm                 Total Capital ($ millions)
1    Bridgewater Associates           38,600
2    JPMorgan Asset Management          32,893
3    Paulson & Co.                29,000
4    D.E. Shaw & Co.               28,600
5    Brevan Howard Asset Management       26,840
6    Man Investments               24,400
7    Och-Ziff Capital Management Group      22,100
8    Soros Fund Management            21,000
9    Goldman Sachs Asset Management       20,585
10   Farallon Capital Management         20,000
10   Renaissance Technologies Corp.       20,000

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Hedge Fund Operational Due Diligence

RIP

We were shocked to learn of the untimely passing of Greg Newton, the voice behind the NakedShorts blog.  I first met Greg at a conference in Canada a number of years ago, and thereafter had the opportunity - and privilege -  to remain in contact on a range of blogging topics related to life, the universe, and sundry hedge fund everythings.  A sad, sad loss.

Our deepest sympathies to Greg's family and friends.