2007 Rank	2006 Rank	Firm Name	Location	Firm Capital ($ millions)
1	24	JPMorgan Asset Management	New York, NY	33,087
2	1	Goldman Sachs Asset Management	New York, NY	32,531
3	2	Bridgewater Associates	Westport, CT	30,210
4	3	D.E. Shaw Group	New York, NY	27,300
5	4	Farallon Capital Management	San Francisco, CA	26,200
6	26	Renaissance Technologies Corp.	East Setauket, NY	26,000
7	7	Och-Ziff Capital Management Group	New York, NY	21,000
8	6	Barclays Global Investors	London, U.K.	18,953
9	8	Man Investments	London, U.K.	18,800
10	5	ESL Investments	Greenwich, CT	17,500
11	14	GLG Partners	London, U.K.	15,833
12	9	Tudor Investment Corp.	Greenwich, CT	14,850
13	45	Citigroup Alternative Investments	New York, NY	14,081
14	33	Lansdowne Partners	London, U.K.	14,000
15	12	Campbell & Co.	Towson, MD	13,600
16	21	Atticus Capital	New York, NY	13,500
16	10	Caxton Associates	New York, NY	13,500
18	11	Citadel Investment Group	Chicago, IL	13,400
19	15	Cerberus Capital Management	New York, NY	12,800
20	18	Moore Capital Management	New York, NY	12,500
21	13	Perry Capital	New York, NY	12,342
22	22	Brevan Howard Asset Management	London, U.K.	12,079
23	19	Angelo, Gordon & Co.	New York, NY	12,000
24	25	HBK Capital Management	Dallas, TX	11,880
25	20	Soros Fund Management	New York, NY	11,600
26	42	BlueCrest Capital Management	London, U.K.	11,200
27	34	Sloane Robinson	London, U.K.	11,100
28	27	SAC Capital Advisors	Stamford, CT	11,000
29	23	HSBC	London, U.K.	10,946
30	48	Marshall Wace	London, U.K.	10,900
31	37	Stark Investments	St. Francis, WI	10,827
32	82	Avenue Capital Group	New York, NY	10,600
33	36	Fortress Investment Group	New York, NY	10,500
34	30	Canyon Capital Advisors	Beverly Hills, CA	10,220
35	61	Bain Capital	Boston, MA	10,100
36	31	Adage Capital Management	Boston, MA	10,000
36	35	Highfields Capital Management	Boston, MA	10,000
36	27	Wellington Capital Management Co.	Boston, MA	10,000
39	46	Gartmore Investment	London, U.K.	9,700
40	16	Maverick Capital	New York, NY	9,600
41	44	Davidson Kempner Capital Management	New York, NY	9,500
41	46	The Children�s Investment Fund Management U.K.	London, U.K.	9,500
43	43	Cheyne Capital Management (U.K.)	London, U.K.	9,203
44	�	BlueBay Asset Management	London, U.K.	9,000
45	32	AQR Capital Management	Greenwich, CT	8,900
46	�	Duquesne Capital Management	Pittsburgh, PA	8,700
47	16	Lone Pine Capital	Greenwich, CT	8,630
48	40	York Capital Management	New York, NY	8,600
49	57	Millennium Partners	New York, NY	8,400
50	�	FX Concepts	New York, NY	8,141
51	49	GMO	Boston, MA	8,092
52	38	Cantillon Capital Management	New York, NY	8,043
53	58	Morgan Stanley Investment Management	New York, NY	7,707
54	84	Black River Asset Management	Minnetonka, MN	7,600
55	�	Winton Capital Management	London, U.K.	7,410
56	50	King Street Capital Management	New York, NY	7,400
57	51	Elliott Management Corp.	New York, NY	7,230
58	67	AllianceBernstein	New York, NY	7,200
59	�	ADI Gestion	Paris, France	7,197
60	54	TPG-Axon Capital Management	New York, NY	7,168
61	62	Sparx Group Co.	Tokyo, Japan	7,139
62	100	Numeric Investors	Cambridge, MA	7,000
62	78	Tontine Associates	Greenwich, CT	7,000
64	�	Glenview Capital Management	New York, NY	6,760
65	56	Marathon Asset Management	New York, NY	6,500
65	41	Pequot Capital Management	Westport, CT	6,500
65	64	Silver Point Capital	Greenwich, CT	6,500
68	�	Convexity Capital Management	Boston, MA	6,400
69	74	Paulson & Co.	New York, NY	6,379
70	72	Eton Park Capital Management	New York, NY	6,300
71	68	Alternative and Quantitative Investments (UBS)	Zurich, Switzerland	6,156
72	59	Kingdon Capital Management	New York, NY	6,139
73	64	Steel Partners	New York, NY	6,100
74	52	Baupost Group	Boston, MA	6,000
74	78	Galleon Group	New York, NY	6,000
74	�	M&G Investments	London, U.K.	6,000
74	84	QVT Financial	New York, NY	6,000
74	64	Viking Global Investors	Greenwich, CT	6,000
79	�	Polygon Investment Management	London, U.K.	5,880
80	77	Jana Partners	New York, NY	5,852
81	55	Orbis Investment Management	Hamilton, Bermuda	5,826
82	97	GoldenTree Asset Management	New York, NY	5,786
83	60	Fairfield Greenwich Group	New York, NY	5,743
84	53	Satellite Asset Management	New York, NY	5,693
85	83	Dexia Asset Management	Paris, France	5,664
86	69	CQS (U.K.)	London, U.K.	5,560
87	91	Ospraie Management	New York, NY	5,500
87	84	D.B. Zwirn & Co.	New York, NY	5,500
89	�	Spinnaker Capital	London, U.K.	5,432
90	�	Highland Capital Management	Dallas, TX	5,405
91	94	Appaloosa Management	Chatham, NJ	5,400
92	�	Bear Stearns Asset Management	New York, NY	5,373
93	75	Omega Advisors	New York, NY	5,200
94	�	Harbert Management Corp.	Birmingham, AL	5,180
95	72	Ellington Management Group	Old Greenwich, CT	5,100
96	63	Graham Capital Management	Rowayton, CT	5,000
96	�	Taconic Capital Advisors	New York, NY	5,000
96	84	Trafelet & Co.	New York, NY	5,000
99	�	RAB Capital	London, U.K.	4,891
100	80	Sandell Asset Management	New York, NY	4,874