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 theĀ Multi Strategy Hedge Fund List