9/8/2006

There are now 218 hedge funds in the U.S. with more than $1 billion in assets, according to the latest survey by Absolute Return magazine, a unit of HedgeFund Intelligence. Four firms -- Goldman Sachs Asset Management, J.P. Morgan Asset Management, Bridgewater Associates and D.E. Shaw -- control more than $20 billion each.

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NYTimes.com

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