Billion-Dollar Hedge Fund Managers Command 92% of Fund Assets

Think Advisor – The global hedge fund sector grew to nearly $3.2 trillion in the first quarter, managed by 5,122 single managers, according to a new report from Preqin, the alternative investment data provider.

But just 11% of those managers — members of Preqin’s $1 billion club — commanded 92% of industry capital, $2.8 trillion.

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