Hedge Funds Salvage 2021 Gains as Private Investments Shine

  • Senvest, Impala and SRS are among the year’s top performers
  • Melvin, Rokos and Alphadyne among firms with steepest losses
Dan LoebPhotographer: David Paul Morris/Bloomberg
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For some of the world’s largest hedge funds, private equity ended up making -- or saving -- the year, and they’re betting that will be the case again in 2022.

Those with big holdings in non-public enterprises were rewarded in 2021 as a record number of companies debuted on U.S. exchanges, allowing the asset managers to realize gains.