Larry Robbins’ Glenview Capital Management tops Bloomberg Markets Magazine annual list of the 100 best-performing large hedge funds.
Glenview’s opportunity fund, which employs a long/short strategy, gained 84.2% last year--up from its return of 54.3% in 2012. The New York- based firm’s other long/short strategy fund also made it the list, coming in at No.7 with a return of 37.4% for the same period.
Matrix Capital Management, Paulson & Co., Lansdowne Partners and The Children’s Investment Fund Management round out the top five spots with 56%, 45%, 44.5% and 39.7% gains for 2013, respectively.
Some of the notable names on the list include Odey Asset Management, Third Point, Citadel Partners and SAC Capital Advisors-- which had a tumultuous legal year when it admitted to inside trading after a grand jury charged the firm with wire fraud and four counts of securities fraud for allegedly allowing insider trading to go unchecked.