Top 25 Multi Strategy Hedge Funds 2021
2021 Top 25 Largest Multi-Strategy Hedge Funds Overview
The 25 largest multi-strategy hedge funds manage $951 billion in assets as of early 2021. 76% of the top multi-strategy hedge fund managers are based in the United States. 32% of the largest multi strategy funds are based in New York.
With $218 billion in AUM, Millenium Capital Partners is the largest multi strategy hedge fund manager in 2021. Goldman Sachs Asset Management ($106 billion in AUM) and Exoduspoint Capital Management ($90 billion in AUM) rank two and three, respectively, among the biggest multi-strategy hedge funds.
Multi strategy hedge funds do just want the name implies – invest using a variety of different strategies with the aim of providing smoother and more consistent returns. These funds are sometimes multi-manager funds (FoFs) as well. Multi strategy funds use a number of financial instruments including futures, options, debt, and equity.
The below list of top multi-strategy hedge funds includes hedge fund companies operating at least one hedge fund vehicle taking a multi strategy investment approach.
Top 25 Multi Strategy Funds 2021
List of the 25 biggest multi-strategy hedge funds for 2021 ranked by assets under management (AUM)
Rank Fund Name City Country AUM Other Strategies
1.0
Millennium Capital Partners
New York
United States
218,000.0
Multi Strategy
2.0
Goldman Sachs Asset Management
New York
United States
106,240.0
Multi Strategy, Fund of Funds
3.0
Exoduspoint Capital Management, LP
New York
United States
90,003.3
Multi-Strategy
4.0
Central Asset Investment
Hong Kong
Hong Kong
78,067.2
Emerging Markets, Multi Strategy, Convertibles, Absolute Returns
5.0
Wafra Investment Group
New York
United States
64,740.6
Multi Strategy
6.0
Gramercy
Greenwich
United States
61,347.7
Multi Strategy, Emerging Markets, Distressed Assets
7.0
Angelo Gordon & Co.
New York
United States
56,276.9
Real Estate, Fixed Income, Managed Futures, Multi Strategy
8.0
Wellington Management Company LLP
Boston
United States
27,210.0
Multi Strategy, Commodities
9.0
Magnetar Capital
Evanston
United States
22,958.1
Multi Strategy, Managed Futures, Event Driven, Credit
10.0
Centerbridge Partners LP
New York
United States
21,711.4
Multi Strategy, Distressed Assets, Managed Futures, Credit
11.0
Arrowgrass Capital Partners
London
United Kingdom
21,208.4
Convertibles, Multi Strategy, Credit
12.0
Renaissance Technologies
East Setauket
United States
20,372.8
Crypto, Multi Strategy
13.0
Marshall Wace
London
United Kingdom
18,854.4
Global Macro, Multi Strategy
14.0
Aviva Investors
London
United Kingdom
16,044.9
Convertibles, Multi Strategy, Global Equity
15.0
Brummer and Partners
Stockholm
Sweden
14,200.0
Long/Short, Multi Strategy, Global Macro, Managed Futures
16.0
Lazard Alternatives
New York
United States
14,120.0
Multi Strategy, Real Estate, Long/Short
17.0
Beach Point Capital Management
Santa Monica
United States
13,785.4
Multi Strategy, Credit
18.0
Silver Point Capital
Greenwich
United States
13,571.3
Multi Strategy, Distressed Assets, Credit
19.0
JHL Capital Group
Chicago
United States
12,879.6
Convertibles, Multi Strategy
20.0
Paloma Partners
Greenwich
United States
12,212.3
Multi Strategy
21.0
Parallax Fund
San Francisco
United States
11,205.0
Multi Strategy
22.0
Bardin Hill Investment Partners
New York
United States
9,198.6
Multi Strategy, Special Situations, Distressed Assets
23.0
BlueCrest Capital Management
London
United Kingdom
9,000.0
Multi Strategy, Managed Futures, Emerging Markets, Global Macro
24.0
Kensico Capital Management
Greenwich
United States
8,947.8
Multi Strategy
25.0
Natixis Alternative Investments
Boston
United States
8,690.0
Multi Strategy, Long/Short
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Key Stats on Top 25 Multi Strategy Hedge Funds – 2021
4 of the top 25 multi-strategy hedge funds for 2021 are based in London (16%)
8 of the 25 largest multi-strategy funds for 2021 are based in New York (32%)
The top 25 multi-strategy hedge fund companies have $950.8 billion USD in assets under management (AUM)
The average AUM of the top 25 multi-strat funds for 2021 is $38.0 billion USD
The median AUM of the top 25 multi strategy hedge funds for 2021 is $18.9 billion USD
Get the full list of all multi strategy hedge funds in Excel format
The Multi Strategy Hedge Fund List has 35 categories of detailed information on all the funds above plus nearly 300 additional multi-strat 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 Multi Strategy Hedge Fund List