September 19, 2016 01:00 AM

The most institutional hedge fund managers

		% of assets managed for institutions
Ranked by percentage of discretionary assets managed in hedge funds worldwide for institutions as of June 30, 2016.
Rank	Manager	Worldwide assets	U.S. assets
1	Acadian Asset Mgmt.	100.0%	47.2%
2	Argentem Creek Partners	100.0%	20.8%
3	Blue Rock Advisors	100.0%	100.0%
4	Eminence Capital	100.0%	N/A
5	Fir Tree Partners	100.0%	N/A
6	Garda Capital Partners	100.0%	82.4%
7	Highland Capital Mgmt.	100.0%	89.2%
8	Nephila Capital	99.1%	18.0%
9	Waterfall Asset Mgmt.	97.6%	64.3%
10	BlackRock	96.9%	23.6%
11	Gramercy Funds Mgmt.	95.4%	61.0%
12	Capstone Investment Advisors	95.1%	50.0%
13	Bridgewater Associates	94.5%	50.0%
14	MKP Capital Mgmt.	93.9%	42.6%
15	Pacific Investment Mgmt.	92.6%	37.5%
16	Magnetar Capital	91.7%	65.9%
17	Solus Alternative Asset Mgmt.	90.9%	76.2%
18	Finisterre Capital	87.2%	62.2%
19	BlueMountain Capital Mgmt.	85.6%	19.7%
20	Marathon Asset Mgmt.	85.4%	66.3%
21	DW Partners	80.5%	39.0%
22	Quest Partners	80.1%	19.9%
23	Davidson Kempner Capital Mgmt.	80.0%	N/A
24	Napier Park Global Capital	77.9%	50.3%
25	Man Group	75.4%	19.8%
Source: Pensions & Investments survey