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Managed Futures Second Fiddle as Billionaires

DealBreaker.com recently parsed the Forbes Billionaires list to find which of those on it are in alternative investments, finding an impressive 65 out of 1200 names are (PS – is it a little bit crazy that there are 1200 billionaires in the world?!).

With managed futures now the strategy with the highest assets under management among hedge fund strategies, we wondered if that is reflected in the billionaires list as well.

Turns out managed futures still have a LONG way to go to gain respect along those lines, with just 9 names on the list pure managed futures names, including  John Henry, Ray Dalio, Stephen Schwarzman, Paul Tudor Jones II, David Shaw, Glenn Dubin, Louis Bacon, Henry Sweica, and Peter Peterson .  One interesting note – half of the firms on this list are registered with the NFA as CTAs, and big names like James Simons of Rennaisance have entered the managed futures space in the past 5 years.

*Managed Futures Bolded

Rank Name Alternatives Firm Net worth (Billions)
39 John Paulson Paulson & Co $16.00
44 Michael Dell MSD Capital $14.60
35 George Soros Soros Fund Management $14.00
61 Carl Icahn Icahn Associatese $12.5
64 Ronald Perelman MacAndrews & Forbes $12.00
74 James Simons Renaissance Technologies $10.60
114 Steven Cohen SAC Capital Advisors $8.00
162 Ray Dalio Bridgewater Associates $6.00
169 Stephen Schwarzman The Blackstone Group $5.90
208 David Tepper Appaloosa Management $5.00
208 Samuel Zell Equity Group Investments $5.00
235 Bruce Kovner Caxton Associates $4.50
268 Daniel Ziff Och-Ziff Capital $4.00
268 Dirk Ziff Och-Ziff Capital $4.00
268 Robert Ziff Och-Ziff Capital $4.00
281 Henry Kravis KKR $3.90
297 George Roberts KKR $3.70
304 Edward Lampert ESL Investments $3.60
310 Leon Black Apollo Management $3.50
336 John Arnold Centaurus Energy $3.30
336 Daniel Och Och-Ziff Capital Management $3.30
336 Paul Tudor Jones II Tudor Investment Corp. $3.30
347 Ronald Burkle Yucaipa Cos. $3.20
440 David Rubenstein The Carlyle Group $2.60
459 Stanley Druckenmiller Duquesne Capital Management $2.50
488 Tome Gores Platinum Equity $2.40
512 Kenneth Griffin Citadel Investment Group $2.30
512 Julian Robertson Tiger Management $2.30
540 Nicholas Berggruen Alpha Investment Management $2.20
540 David Shaw D.E. Shaw Group $2.20
595 David Bonderman TPG Capital $2.0
651 Israel Englander Millennium Partners $1.90
692 Alan Howard Brevan Howard Asset Management $1.80
692 Leon Cooperman Omega Advisors $1.80
736 Glenn Dubin Highbridge Capital Management $1.70
736 Stephen Mandel Lone Pine Capital $1.70
736 Louis Bacon Moore Capital Management $1.70
736 Jonathan Nelson Providence Equity Partners $1.70
782 Richard Chilton Chilton Investment Co. $1.60
782 Theodore Forstmann Forstmann Little $1.60
782 Alec Gores Gores Group $1.60
833 Mark Rowan Apollo Management $1.50
833 Marc Lasry Avenue Capital Management $1.50
833 Thomas Barack Colony Capital $1.50
833 James Dinan York Capital Management $1.50
879 T. Boone Pickens BP Capital $1.40
879 Michael Hintze CQS $1.40
879 Noam Gottesman GLG Partners $1.40
879 Thomas Lee Lee Equity Partners $1.40
933 Joshua Harris Apollo Managemetn $1.20
933 Henry Swieca Highbridge Capital Management $1.20
933 C. Dean Metropoulos Metropoulos & Co. $1.20
933 Bruce Karsh Oaktree Capital Management $1.20
933 Howard Marks Oaktree Capital Management $1.20
1057 Thomas Sandell Sandell Asset Management $1.10
1140 John Henry John W. Henry & Co. $1.0
1140 Peter Peterson The Blackstone Group $1.0
1140 Nelson Peltz Trian Partners $1.0