With Intelligence's latest Billion Dollar Club (BDC) report, available exclusively on the Hedge module of their platform, indicates strong performance among the largest hedge funds, driving Global BDC assets to a record high of $3.4n at the end of 2024.
At the top, just a few billion now separate Bridgewater, Elliott, Millennium, Man Group, and Citadel—setting the stage for a potential shake-up.
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Key insights from the report:
- BDC assets rise 9% over 2024, strongest growth rate since 2021
- The 533 BDC firms now account for 82% of total hedge fund industry assets
- Quant firms grow at fastest pace, equity shops add most assets
- BDC multi-manager segment tops $300bn
What is the BDC?
The BDC is With Intelligence's exclusive ranking of hedge funds with more than $1bn in AuM, providing exclusive insights into the industry’s top performing strategies to stay ahead of the competition.
