Monday, January 23, 2012
Factoid of the Day: New York City retains crown as Hedge Fund Hub of the World
The list of the Top 100 U.S. Equity Hedge Funds from the greater New York City area has been released, revealing that the top hedge funds oversee a combined $348.5 billion in equities. Not surprisingly, Midtown Manhattan houses the majority of the hedge funds. In fact, just four midtown zip codes (10017, 10019, 10022 & 10153) are home to fifty-nine of the hedge funds on the list.
The 50-story General Motors Building at 767 Fifth Avenue in midtown is home to eight of the top 100 hedge funds, including such industry renowned equity stars as Carl Icahn’s Icahn Associates and Maverick Capital’s Lee S. Ainslie. Not only is the GM Building known for its high profile tenants, but it is also known for having some of the most expensive commercial office leases in the country…..
Want to find out more? Check out http://www.hedgetracker.com/article/New-York-City-retains-crown-as-Hedge-Fund-Hub-of-the-World-Top-100-oversee-350-Billion
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