The multistrategy hedge fund universe has grown from $219 billion in assets a decade ago to $414 billion at the start of 2026, according to PivotalPath data. Speaking to Pensions & Investments, PivotalPath CEO Jon Caplis said managers have become better at sourcing managers, constructing portfolios and managing risk as the sector has expanded. The article also cites the PivotalPath Multi-Strategy Index, which returned 5.9% through August 2026.
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