FAST FIVE: Meet The 5 Hedge Fund Managers Who Made More Than $1 Billion Each In 2019
Meet The 5 Hedge Fund Managers Who Made More Than $1 Billion Each In 2019 Despite the record inflows into passive investing products and a record amount of Fed liquidity constantly forcing US equity markets to all time highs, there are still some “old school” hedge fund managers on the street managing to cash big checks. In fact, there were five managers who each made over $1 billion last year, Bloomberg reports.
Of course, this comes amidst a larger discussion about hedge fund managers, who have been notoriously unable to follow the S&P's returns over the last decade.
Chris Hohn's fund made 41% in 2019, putting him at the top of the list.
Ken Griffin made $1.5 billion through his multi-strategy funds, not including his market making at Citadel.
His flagship Pure Alpha II fund lost money for the first time in two decades in 2019.