Fourteen men whose power and influence have helped to create a $2 trillion industry
When it comes to sheer financial power and influence, the hedge fund industry has few rivals. Since 1990, hedge funds have grown from a $40 billion cottage business into a nearly $2 trillion global industry. Rarely does a day pass without a hedge fund manager or two making headlines for their latest exploits.
To honor the people behind this phenomenon, we have created the Alpha Hedge Fund Hall of Fame. The first 14 inductees have all had an outsize impact on the hedge fund industry, enjoyed spectacular long-term success and displayed tremendous originality, starting with Alfred Winslow Jones, the inventor of the modern hedge fund. James Simons is on a 20-year roll of 40 percent returns. Bruce Kovner made commodities trading a hot pursuit. George Soros’ larger-than-life adventures put hedge funds on the map, and Kenneth Griffin intends to ensure they stay there. Michael Steinhardt and Steven Cohen brought credibility to short-term trading. Paul Tudor Jones II is the macro trader writ large, Seth Klarman is the premier value sleuth, Leon Levy and Jack Nash pioneered the modern multistrategy fund, and Louis Bacon is the risk manager’s risk manager. Where they blazed trails, others followed — not least the “cubs” sent skittering into the investment world by Tiger Management Corp.’s Julian Robertson Jr. Some of the most influential figures aren’t managers at all, like Yale University’s David Swensen, who made the road less traveled acceptable.
Bruce Kovner:
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ArticleID=1960742James Simons:
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ArticleID=1960761Julian Robertson:
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ArticleID=1961692George Soros:
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ArticleID=1961702Michael Steinhardt:
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ArticleID=1961703Kenneth Griffin:
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ArticleID=1962258Seth Klarman:
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ArticleID=1962261David Swensen:
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ArticleID=1962262Steven Cohen:
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ArticleID=1962427Leon Levy:
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ArticleID=1962428Jack Nash:
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ArticleID=1962432Louis Bacon:
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ArticleID=1964187Alfred Winslow Jones:
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ArticleID=1964188Paul Tudor Jones:
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