Soros Fund Management

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Key Facts

Founded1973
HeadquartersNew York
AUM$21.0 billion
AUM as ofJanuary 1, 2009
StrategiesMacro

Overview

Soros Fund Management is a hedge fund based in New York. It was founded in 1973 by George Soros with Jim Rogers. They hold $21.0 billion in assets under management as of January 1, 2009. http://www.hedgefundintelligence.com/images/590/55595/Billion%20Dollar%20Hedge%20Fund%20Club%20-%20March%202009%20Survey.pdf
$17 billion in assets under management as of 2008
%11.3 billion in assets under management as of 1/1/2007http://media.ft.com/cms/02fd5a42-f338-11db-9845-000b5df10621.pdf

The Quantum Fund was made famous for breaking the Bank of England. Being on the right side of that bet gained him $1 billion (which at the time was a lot of money). http://en.wikipedia.org/wiki/Black_Wednesday

A good history of the Soros Fund can be found here.

18th largest hedge fund in Institutional Investor's 2008 Hedge Fund 100, up from 25th in 2007http://www.iimagazine.com/Rankings/rankingsHeFu100RGlobal08.aspx?LS=EMS204396

Historical Performance

Quantum Endowment Fund up 32% in 2007 including:
* Quantum Endowment Fund down .35% in February 2007http://www.hedgefundintelligence.com/ar/Article.aspx?PositionID=22836

Quantum Endowment Fund up 12% in 2006http://media.ft.com/cms/02fd5a42-f338-11db-9845-000b5df10621.pdf

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