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Hedge Funds Surge to London's West End

Sep 12, 2013
Jing Chen

London’s West End region has seen an influx of hedge fund firms renting out office space this year.

Bloomberg reported that hedge funds, including HighBridge Capital Management and Elliot Management, are among firms that have helped increased the industry’s office space rental in the area to 58,000 square feet from 25,000 square feet last year.

Comparably, the leasing space for private equity firms stayed consistent at around 45,000 square feet.

The article also said that hedge funds account for 31% of the office space leased in London’s prestigious Mayfair and St. James’ neighborhoods this year.

 

 

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