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New York, the hedge fund capital of the universe

Forty percent of U.S. hedge fund managers are based in the state of New York and manage 60% of all assets. Managers in Illinois and Connecticut each hold an 8% share of total hedge fund assets under management. Greenwich, Conn. – frequently called the hedge fund capital of the world – is home to several large managers, notably AQR and Bridgewater.

Globally, 74% of existing hedge fund managers are in the U.S., managing 65% of invested assets.