Top 25 Fund of Hedge Funds 2021
2021 Top 25 Largest Fund of Funds Overview
The 25 largestfund of hedge funds manage $244 billion in assets as of early 2021. 64% of the top FoFs are based in the United States. 12% of the largest fund of hedge funds are based in Switzerland.
With $106 billion in AUM, GOldman Sachs Asset Management is the largest fund manager operating fund of funds strategies in 2021. Lighthouse Investment Partners and Pictet Alternatives rank two and three, respectively, among the biggest fund of hedge funds.
Fund of hedge funds (FoHF), also known as fund of funds (FoF) or multi-manager investments, create portfolios of other hedge funds, rather than investing directly in stocks, bonds, or commodities.
The below list of top fund of funds includes hedge fund companies operating at least one fund of hedge funds portfolio.
Top 25 Fund of Hedge Funds 2021
List of the 25 biggest fund of funds (FoF) for 2021 ranked by assets under management (AUM)
Rank Fund Name City Country AUM Other Strategies
1.0
Goldman Sachs Asset Management
New York
United States
106,240.0
Multi Strategy, Fund of Funds
2.0
Lighthouse Investment Partners
Palm Beach Gardens
United States
45,574.5
Fund of Funds, Long/Short, Managed Futures
3.0
Pictet Alternative Investments
Geneva
Switzerland
31,715.0
Fund of Funds
4.0
Neuberger Berman
New York
United States
15,900.0
Fund of Funds
5.0
Horsley Bridge Partners
San Francisco
United States
15,812.0
Private Equity, Fund of Funds
6.0
Amundi Alternative Investments
Paris
France
6,580.0
Fund of Funds, Long/Short
7.0
Credit Suisse Alternatives
Zurich
Switzerland
2,959.5
Fund of Funds
8.0
Prisma Capital Partners
New York
United States
2,938.7
Fund of Funds
9.0
Olympia Capital Management
New York
United States
2,100.0
Fund of Funds
10.0
Aetos Capital
Menlo Park
United States
1,951.2
Fund of Funds, Absolute Returns
11.0
Park Street Capital Advisors
Boston
United States
1,620.8
Fund of Funds
12.0
Adamas Partners
Boston
United States
1,332.0
Fund of Funds, Absolute Returns
13.0
Lombard Odier Darier Hentsch & Cie
Petit-Lancy
Switzerland
1,227.9
Fund of Funds, Multi Strategy
14.0
Aether Investment Partners
Denver
United States
1,222.8
Real Estate, Commodities, Fund of Funds
15.0
AlphaCat Managers
Pembroke
Bermuda
1,023.6
Fund of Funds
16.0
Barings
London
United Kingdom
914.2
Fund of Funds, Multi Strategy
17.0
Seminole Management Company
New York
United States
855.3
Fund of Funds
18.0
Pacific Alternative Asset Management
Irvine
United States
824.9
Fund of Funds, Arbitrage, Convertibles
19.0
Gordian Capital
Singapore
Singapore
688.5
Fund of Funds, Long/Short, Global Macro, Real Estate
20.0
Knightsbridge
Cambridge
United States
579.9
Fund of Funds
21.0
Harvest Capital Strategies
San Francisco
United States
569.6
Fund of Funds, Multi Strategy
22.0
Lyxor Asset Management
Paris
France
459.3
Convertibles, Long/Short, Distressed Assets, Fund of Funds
23.0
HSBC Alternative Investments
London
United Kingdom
425.2
Multi Strategy, Global Macro, Emerging Markets, Fund of Funds
24.0
Entrust Permal
New York
United States
391.0
Fund of Funds, Long/Short
25.0
Crestline Investors
Fort Worth
United States
377.2
Fund of Funds, Event Driven
Want more details on more than 500 fund of hedge funds?
Download the Fund of Funds List in Excel format with 35 columns of information on each fund.
Key Stats on Top 25 Fund of Funds – 2021
16 of the top 25 FoFs are based in the United States
3 of the top 25 fund of hedge funds for 2021 are based in Switzerland
6 of the 25 largest fund of funds for 2021 are based in New York
The top 25 fund of hedge fund companies have $244.3 billion USD in assets under management (AUM)
The average AUM of the top 25 FoHFs for 2021 is $9.8 billion USD
The median AUM of the top 25 fund of funds for 2021 is $1.3 billion USD
Get the full list of all fund of hedge funds in Excel format
The Fund of Funds Hedge Fund List has 35 categories of detailed information on all the funds above plus nearly 500 additional fund of 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 Fund of Funds List
Other Hedge Fund Info
Top 250 Global Hedge Funds 2021
Top 25 Commodity Hedge Funds 2021
Top 25 Event Driven Hedge Funds 2021
Top 25 Emerging Market Hedge Funds 2021
Top 25 Credit Hedge Funds 2021
Top 25 Global Macro Hedge Funds 2021
Top 25 Long/Short Hedge Funds 2021
