2023 Top 50 Multi-Strategy Hedge Funds Overview
Multi-strategy hedge funds employ a variety of strategies to produce returns in differing market conditions. The top 50 multi-strategy hedge funds globally manage $1.9 trillion in assets as of 2023.
CItadel Investment Group, Millenium Capital Partners, and Balyasny Asset Management are the three largest multi-strategy hedge fund managers with a collective $650 billion in assets, though not all of that is in multi-strategy hedge funds.
The 10 largest multi-strategy funds, by AUM, are all based in the US.
What are multi-strategy hedge funds?
Multi-strategy hedge funds are hedge funds that use a variety of investment strategies, such as long/short equity, event-driven, and relative value. This allows them to generate returns in a variety of market conditions and reduce risk.
Multi-strategy hedge funds are typically managed by a team of experienced investment professionals who have expertise in a variety of strategies. This allows them to identify and exploit investment opportunities across a wide range of markets and asset classes.
