Top 25 Credit Hedge Funds 2021
2021 Top 25 Largest Credit Hedge Funds Overview
The 25 largest credit and fixed income hedge funds manage $960 billion in assets as of early 2021. 88% of the top credit hedge funds are based in the United States. 52% of the largest fixed income hedge funds are based in New York.
With $105 billion in AUM, Capula Investment Management is the largest credit hedge fund manager in 2021. Ares Management and Elliott Management rank two and three, respectively, among the biggest credit hedge funds.
Credit hedge funds tend to be among the largest hedge funds based on investment strategy/style. Credit funds invest in a variety of debt instruments including corporate and sovereign bonds. They may also invest in various derivatives related to credit instruments including swaps and options.
The below list of top fixed income hedge funds includes hedge fund companies operating at least one hedge fund vehicle investing in credit securities and related.
Top 25 Credit Hedge Funds 2021
List of the 25 biggest fixed income hedge funds for 2021 ranked by assets under management (AUM)
Rank Fund Name City Country AUM Other Strategies 1.0 Capula Investment Management LLP London United Kingdom 105,951.6 Absolute Returns, Credit 2.0 Ares Management Los Angeles United States 99,062.0 Managed Futures, Fixed Income, Consumer Products 3.0 Elliott Management New York United States 73,511.3 Global Equity, Credit, Event Driven, Commodities 4.0 Structured Portfolio Management Stamford United States 64,740.6 ABS, Fixed Income 5.0 Gramercy Greenwich United States 61,347.7 Multi Strategy, Emerging Markets, Distressed Assets 6.0 Cerberus Capital Management New York United States 61,347.7 Credit, Real Estate, Private Equity 7.0 Angelo Gordon & Co. New York United States 56,276.9 Real Estate, Fixed Income, Managed Futures, Multi Strategy 8.0 Oaktree Capital Management Los Angeles United States 38,350.0 Fixed Income, Real Estate, Distressed Assets 9.0 Bracebridge Capital Boston United States 36,808.8 Absolute Returns, Commodities, Credit 10.0 Symmetry Investments Hong Kong Hong Kong 36,435.0 Credit 11.0 Apollo Capital New York United States 32,680.0 Managed Futures, Credit 12.0 Anchorage Capital Group New York United States 28,296.1 Credit, Event Driven, Long/Short 13.0 Brigade Capital Management New York United States 26,756.0 Managed Futures, Distressed Assets, Long/Short, Credit 14.0 King Street Capital Management New York United States 24,504.6 Global Macro, FX, Long/Short, Distressed Assets 15.0 Magnetar Capital Evanston United States 22,958.1 Multi Strategy, Managed Futures, Event Driven, Credit 16.0 Centerbridge Partners LP New York United States 21,711.4 Multi Strategy, Distressed Assets, Managed Futures, Credit 17.0 Arrowgrass Capital Partners London United Kingdom 21,208.4 Convertibles, Multi Strategy, Credit 18.0 Saba Capital New York United States 21,208.4 Credit 19.0 Varde Partners Minneapolis United States 20,980.3 Distressed Assets, Event Driven, Credit 20.0 MJX Asset Management New York United States 20,980.3 CDO, Credit 21.0 Appaloosa Management Short Hills United States 19,100.0 Global Equity, Fixed Income, Distressed Assets 22.0 Knighthead Capital Management, LLC New York United States 17,719.1 Long/Short, Credit, Event Driven 23.0 Litespeed Management New York United States 16,417.6 Fixed Income, Distressed Assets 24.0 KLS Diversified New York United States 15,891.6 Fixed Income, Commodities 25.0 CarVal Investors Minneapolis United States 15,734.0 Fixed Income, Real Estate
Want more details on more than 750 credit hedge fund managers?
Download the Credit Hedge Funds List in Excel format with 35 columns of information on each fund.Key Stats on Top 25 Credit Hedge Funds – 2021
22 of the top 25 credit hedge fund managers are based in the United States 2 of the top 25 credit hedge funds for 2021 are based in the UK 1 of the 25 largest fixed income funds for 2021 is based in Hong KongThe top 25 credit hedge fund companies have $960.0 billion USD in assets under management (AUM)
The average AUM of the top 25 cfixed income funds for 2021 is $39.4 billion USD
The median AUM of the top 25 credit hedge funds for 2021 is $26.8 billion USD
Get the full list of all credit hedge funds in Excel format
The Credit/Fixed Income Hedge Fund List has 35 categories of detailed information on all the funds above plus nearly 700 additional credit funds. Everything from website to emails to senior staff, hiring status, number of clients and more is included. And it’s delivered in Excel format for easy use with any spreadsheet program or contact management system.
View full details of the Credit/Fixed Income Hedge Fund List
