Hedge Funds

Hedge funds employ diverse strategies — long/short equity, macro, event-driven, quantitative — with typically higher liquidity and lower lock-ups than private equity.

Strategies, focus areas, funds and trends across our hedge funds coverage.

22
Firms
$242.68B
Allocated AUM
4
Funds
22
Strategies
Most concentrated region
Europe — 41% of firms
Top sector
Dual-Use Technology — 7 of 22 firms
22FIRMS
Strategy mix

Strategies & sub-strategies

Insight

Multi-strategy leads — 50% of firms run it — nearly 11× Capital Structure Arbitrage, the smallest strategy.

Industry focus

Bubble size = number of firms active in sector

Dual-Use Technology: 77Dual-Use TechnologyEnergy Storage: 66Energy StorageHealthcare Services: 44Healthcare ServicesSoftware / SaaS: 22Software / SaaSAsset & Wealth Management: 22Asset & WealthManagementEnergy Transition & Storage: 22Energy Transition &Storage

By region

Firm count by geography

Europe: 9Europe: 99EuropeGlobal: 8Global: 88GlobalNorth America: 7North America: 77North Ameri…Asia: 4Asia: 44AsiaUnited Kingdom: 2United Kingdom: 22United King…

Verticals

Funds

NEWCapula Tail Risk FundCrisis Alpha / Tail Risk · investingCapula Global Relative Value FundFixed Income Relative Value / Macro · investingCapula Volatility Opportunities FundVolatility / Crisis Alpha · investingCapula Tail Risk Fund — Series DCrisis Alpha / Tail Risk · fundraising$500M