European run hedge fund, Lansdowne Developed Markets, managed by Peter Davies and Stuart Roden was the second most successful hedge fund in 2015 according to LCH, after generating $2.1 billion in gains, entering the top 20 for the first time.
"Lansdowne Developed Markets are the second European based firm to enter the top 20; they have made $11.8 billion of gains for investors after fees since launch in 2001, partly from correctly and consistently anticipating the great changes in the business and financial landscape that have occurred in this period," Sopher said.
George Soros's Quantum Endowment fund, which he closed to non-family members in 2011, saw gains just shy of $1 billion last year, and is ranked since launch as the second most successful fund ever, gaining $42.8 billion since inception.
Sopher said the the data used for the survey was gathered through a combination of meetings and contact with the managers themselves, audited and management reports, internal estimates and other confidential sources. The money made includes money made by the manager on their oewn personal investment in the fund.