Top 25 Fund of Funds 2023
2023 Top 25 Fund of Hedge Funds Overview
As of 2023, the 25 largest fund of funds collectively manage more than $539 billion in assets.
Willis Towers Watson, with $1288 billion USD in assets is the largest fund of hedge fund in the UK, as well as the world as a whole. Goldman Sachs Asset Management and Lighthouse Investment Partners, with $106 billion and $52 billion in AUM respectively, rank second and third among the biggest fund of funds.
64% of the largest fund of hedge funds managers are basedin the United States.
What are Fund of Hedge Funds?
A fund of hedge funds (FOF) is an investment vehicle that invests in other hedge funds. FOFs are typically used by investors who want to gain exposure to the hedge fund market without having to select individual hedge funds themselves. FOFs can provide a number of benefits to investors, including:

Top 25 Fund of Hedge Funds in 2023
List of the 25 biggest fund of hedge funds (FoF) for 2023 ranked by assets under management (AUM)
Want more details on more than 520 funds of hedge funds?
Download the Fund of Hedge Funds List in Excel format with 40 columns of information on each fund.
Key Stats on Top 25 Fund of Funds in 2023

2 of the top 25 fund of funds for 2023 are based in London
3 of the 25 largest fund of hedge funds for 2023 are based in Switzerland

The average AUM of the top 25 fund of funds for 2023 is $21.6 billion USD
The median AUM of the top 25 FoFs for 2023 is $10.4 billion USD
The average number of employees at the top 25 fund of hedge funds is 22
Get the full list of all fund of hedge funds in Excel format

View full details of the Fund of Hedge Funds List