$24B net inflows 2026 expected
Industry StatsLong
$24B net inflows expected 2026
Source: BNP
$25B net inflows 2025
Industry StatsLong
$25B net inflows from allocators 2025
Source: BNP
$5T HF AUM milestone
Industry StatsLong
HF industry approaching $5T AUM
Source: WithIntel
64% allocators increasing 2026
Industry StatsLong
64% planning to increase exposure 2026
Source: BNP
640bps over cash 2025
Industry StatsLong
Average +641bps over cash 2025
Source: BNP
AHL Man Group MAN
Niche/ARPMulti
Man AHL CTA
Source: encyclopedia
AQR systematic
Niche/ARPMulti
AQR systematic factor
Source: encyclopedia
Activist investing
Event-DrivenMulti
Activist event-driven hedge fund
Source: encyclopedia
Alt risk premia ARP
Niche/ARPMulti
Alternative risk premia systematic
Source: Preqin
Asia-Pac allocations growing 30% 2026
Industry StatsLong
30% allocators adding APAC 2026
Source: BNP
Aspect Capital
Niche/ARPMulti
Aspect Capital CTA
Source: encyclopedia
Balyasny Asset Mgmt
Multi-StrategyMulti
Balyasny Asset Management
Source: encyclopedia
Beach Point Capital
CreditMulti
Beach Point Capital credit
Source: encyclopedia
Brevan Howard
MacroMulti
Brevan Howard macro
Source: encyclopedia
Bridgewater Pure Alpha +33% 2025
MacroLong
Bridgewater Pure Alpha +33% 2025
Source: HedgeCo
CTA managed futures trend
Niche/ARPMulti
CTA / managed futures trend
Source: encyclopedia
Capital structure arb
Event-DrivenMulti
Cap-structure arb (debt vs equity)
Source: encyclopedia
Capital-structure arb
Relative ValueMulti
Cap-structure arb across debt + equity
Source: encyclopedia
Carl Icahn IEP
Event-DrivenMulti
Icahn Enterprises IEP activism
Source: encyclopedia
Caxton Andrew Law
MacroMulti
Caxton Associates macro
Source: encyclopedia
Citadel Multi-strategy
Multi-StrategyMulti
Citadel multi-strategy + Wellington
Source: encyclopedia
Coatue Tech-focused
L/S EquityLong
Coatue Management tech focus
Source: encyclopedia
Convertible arb
Relative ValueMulti
Convertible arb
Source: encyclopedia
DE Shaw composite
MacroMulti
DE Shaw composite + macro double-digit 2025
Source: HedgeCo
Discretionary fundamental
L/S EquityMulti
Discretionary fundamental L/S
Source: LongAngle
Discretionary global macro
MacroMulti
Discretionary global macro top-down
Source: Preqin
Distressed credit
CreditMulti
Distressed credit - subordinated bonds + bank debt
Source: encyclopedia
Distressed debt
Event-DrivenMulti
Distressed debt event-driven
Source: encyclopedia
Egerton Capital UK
L/S EquityLong
Egerton Capital large UK L/S
Source: encyclopedia
Eisler Capital UK
Multi-StrategyMulti
Eisler Capital UK pod-shop
Source: encyclopedia
Element Capital Jeff Talpins
MacroMulti
Element Capital quant macro
Source: encyclopedia
Elliott Management Paul Singer
Event-DrivenMulti
Elliott Mgmt - distressed + activist
Source: encyclopedia
Engine No 1 ESG activism
Event-DrivenMulti
Engine No 1 ESG-activism Exxon 2021
Source: encyclopedia
Equity L/S +15% 2025
L/S EquityLong
L/S equity +15% in 2025
Source: Alternatives
Europe allocations 34% adding
Industry StatsLong
34% allocators adding Europe
Source: BNP
Event-driven launches 15+ 2025
Event-DrivenLong
Event-driven funds 15 launches Q1-Q3 2025
Source: WithIntel
ExodusPoint Mike Gelband
Multi-StrategyMulti
ExodusPoint Capital
Source: encyclopedia
Fixed-income arb
Relative ValueMulti
FI relative-value arb
Source: Preqin
Generalist long-short equity
L/S EquityMulti
Generalist long-short equity flagship style
Source: Preqin
GoldenTree
CreditMulti
GoldenTree credit-focused
Source: encyclopedia
Hudson Bay Capital
Multi-StrategyMulti
Hudson Bay Capital multi-strat
Source: encyclopedia
Japan/Korea governance reforms
Event-DrivenLong
Japan/Korea reforms create event-driven opps
Source: WithIntel
Lone Pine Capital
L/S EquityLong
Lone Pine Capital Steve Mandel
Source: encyclopedia
Long-only credit
CreditLong
Long-only credit hedge fund
Source: encyclopedia
Long-short credit
CreditMulti
L/S credit pairs / RV
Source: encyclopedia
Macro 27.7% 2025 (Citco data)
MacroLong
Macro +27.7% 2025 per Citco
Source: Alternatives
Macro 6.5% Jan 2026 weighted
MacroMulti
Macro +6.5% Jan 2026 per Citco
Source: Alternatives
Marathon Asset
CreditMulti
Marathon Asset distressed
Source: encyclopedia
Market neutral 0% net
L/S EquityMulti
Market neutral 0% net exposure
Source: LongAngle
Marshall Wace UK
L/S EquityLong
Marshall Wace UK quant L/S
Source: encyclopedia
Maverick Capital
L/S EquityLong
Maverick Capital Lee Ainslie
Source: encyclopedia
Merger arb traditional
Event-DrivenMulti
M&A merger arbitrage
Source: encyclopedia
Millennium Mgmt Izzy Englander
Multi-StrategyMulti
Millennium pod-shop multi-manager
Source: encyclopedia
Multi-strategy MMF pod-shop
Multi-StrategyMulti
Multi-strategy MMF pod-shop model
Source: encyclopedia
Net long bias L/S
L/S EquityLong
Long-biased L/S 50%+ net
Source: encyclopedia
Oaktree Capital Howard Marks
CreditMulti
Oaktree distressed credit
Source: encyclopedia
Paulson & Co GFC famous
Event-DrivenMulti
Paulson big-short fame 2008
Source: encyclopedia
Pelham Capital
L/S EquityLong
Pelham Capital UK L/S
Source: encyclopedia
Pershing Square Bill Ackman
Event-DrivenLong
Ackman Pershing Square activism
Source: encyclopedia
Pod risk limits stopout 5-10%
Multi-StrategyMulti
Pod stop-loss 5-10% per pod manager
Source: encyclopedia
Pod-shop pass-through fees 2/20 +
Multi-StrategyMulti
Pod-shops pass-through expenses on top of 2/20
Source: encyclopedia
Point72 Cohen
Multi-StrategyMulti
Point72 Steve Cohen
Source: encyclopedia
Portable alpha + active extension new
Industry StatsLong
2/3 of GPs not yet offering portable alpha
Source: BNP
Quant L/S systematic
L/S EquityMulti
Quant systematic L/S
Source: LongAngle
Quantitative equity quant L/S
Niche/ARPMulti
Quant equity systematic strategies
Source: encyclopedia
Relative-value 11% 2025
Relative ValueLong
Relative value +11% 2025
Source: Alternatives
Renaissance Medallion private
MacroLong
Renaissance Medallion - employees only
Source: encyclopedia
Right-sized pods bench depth
Multi-StrategyMulti
Right-sized pods + bench depth
Source: encyclopedia
Rokos Capital Chris Rokos
MacroMulti
Rokos Capital macro
Source: encyclopedia
SMA growth structural shift
Industry StatsLong
SMA growth - LP-led structural shift
Source: WithIntel
Schonfeld Strategic Advisors
Multi-StrategyMulti
Schonfeld - growing rapidly
Source: encyclopedia
Sculptor Capital
CreditMulti
Sculptor (Och-Ziff) credit
Source: encyclopedia
Sector ESG/impact
L/S EquityMulti
ESG / impact L/S equity
Source: encyclopedia
Sector specialist consumer
L/S EquityMulti
Consumer specialist L/S
Source: encyclopedia
Sector specialist crypto/blockchain
L/S EquityMulti
Crypto-focused L/S funds
Source: encyclopedia
Sector specialist energy
L/S EquityMulti
Energy specialist L/S
Source: encyclopedia
Sector specialist financials
L/S EquityMulti
Financials specialist L/S
Source: encyclopedia
Sector specialist healthcare
L/S EquityLong
Healthcare-specialist L/S funds
Source: LongAngle
Sector specialist industrials
L/S EquityMulti
Industrials specialist L/S
Source: encyclopedia
Sector specialist tech TMT
L/S EquityLong
Tech / TMT specialist L/S
Source: LongAngle
Small fund < $100M +14.6% 2025
L/S EquityLong
Small funds <$100M outperformed 14.6% 2025
Source: Ainvest
Special situations spinoffs
Event-DrivenMulti
Special situations - spinoffs / restructurings
Source: encyclopedia
Starboard Value Jeff Smith
Event-DrivenMulti
Starboard activism Jeff Smith
Source: encyclopedia
Statistical arb
Relative ValueMulti
Stat-arb pairs / cross-sectional
Source: encyclopedia
Structured credit ABS/CMBS
CreditMulti
Structured credit RMBS CMBS CLO
Source: encyclopedia
Systematic CTA trend-following
MacroMulti
Systematic CTA trend-following
Source: encyclopedia
Systematic global macro
Niche/ARPMulti
Systematic global macro
Source: encyclopedia
Systematica Investments
Niche/ARPMulti
Systematica systematic CTA
Source: encyclopedia
Talent war PM compensation
Multi-StrategyMulti
Mega-multi-strategy bidding for PMs
Source: encyclopedia
Third Point Dan Loeb
Event-DrivenMulti
Third Point Dan Loeb activism
Source: encyclopedia
Tiger Cubs Tiger Mgmt alumni
L/S EquityLong
Tiger Cubs (Coatue Maverick Lone Pine etc)
Source: encyclopedia
Total Canoe HF Index 11.5% 2025
Industry StatsLong
HF Index +11.5% in 2025
Source: Alternatives
Trian Fund Nelson Peltz
Event-DrivenMulti
Trian Partners Nelson Peltz
Source: encyclopedia
Tudor Investment Paul Tudor Jones
MacroMulti
Tudor Investment Corp
Source: encyclopedia
Two Sigma quant
Niche/ARPMulti
Two Sigma quant
Source: encyclopedia
Viking Global
L/S EquityLong
Viking Global Andreas Halvorsen
Source: encyclopedia
Vol 4x lower MSCI World
Industry StatsLong
HF vol 2.43% vs MSCI 9.25% 2025
Source: BNP
Volatility arb
Relative ValueMulti
Volatility arb across vol surfaces
Source: encyclopedia
Walleye Capital
Multi-StrategyMulti
Walleye Capital growing pod-shop
Source: encyclopedia
Winton CTA
Niche/ARPMulti
Winton Group CTA
Source: encyclopedia
An encyclopedia of publicly documented strategies for education. YCAI does not recommend, endorse, or trade any of these. Not investment advice.