vnnv. Hed gHFAeom Fund ALERT RANKINGS Top 200 Hedge Fund Managers Based on gross assets of hedge funds run by SEC-registered management firms. Excludes separate accounts and other vehicles. Manager Strategy Gross AUM of Funds 10-14 1Q-13 ($MIL) (SIMI.) Chg. (%) 16.2 Investment 10-14 On 375 Professionals 10-13 HO Chg. (#) -9 1 Bridgewater Associates, Westport, Conn. Diverse $161,864.6 $139,306.8 384 2 Millennium Management, New York Diverse 156,675.2 198,196.0 -20.9 895 810 85 3 Citadel, Chicago Diverse 141,546.1 100,613.7 40.7 872 760 112 4 BlueCrest Capital, St. Peter Port, Guernsey Diverse 90,499.5 39,730.9 127.8 3 0 3 5 Plmco, Newport Beach, Calif. Debt 88,299.9 66,076.7 33.6 425 576 -151 6 D.E. Shaw, New York Diverse 85,104.0 87,200.0 26.6 297 307 -10 7 Cargill, Hopkins, Minn. Diverse 77,025.3 63,574.6 21.2 155 165 -10 8 Pine River Capital, Minnetonka, Minn. Diverse 74,625.6 74,486.8 0.2 147 119 28 9 BTG Pactual Asset Management, New York Global macro 87,872.8 78,887.9 -13.9 43 31 12 10 Blackstone, New York Fund of funds 64,994.4 49,144.1 32.3 255 187 68 11 Goldman Sachs, New York Diverse 63,037.2 58,244.7 8.2 1,251 1,175 76 12 AOR Capital, Greenwich, Conn. Diverse 54,442.5 50,145.9 8.6 162 137 25 13 Fortress Investment, New York Diverse 51,346.9 40,083.2 28.1 268 236 32 14 TWo Sigma Investments, New York Diverse 50,540.1 29,848.5 69.3 433 373 60 15 Moore Capital, New York Global macro 44,023.3 37,708.9 16.7 188 184 4 16 Och-Ziff Capital, New York Diverse 43,945.2 35,066.2 25.3 149 137 12 17 Adage Capital, Boston Equity 43,715.4 28,967.9 50.9 35 35 0 18 Cerbems Capital, New York Debt 40,294.8 34,158.2 18.0 135 132 3 19 Viking Global, Greenwich, Conn. Equity 39,895.6 28,494.2 40.0 44 30 14 20 Elliott Management, New York Diverse Diverse 39,464.6 39,462.0 32,047.5 28,389.5 23.1 39.0 14