FINalternatives reported:
Hedge funds registered with U.S. regulators managed $8.9 trillion at the end of May, the Securities and Exchange Commission said. That amounts to a 22% increase—or $1.6 trillion—from just a year earlier.Which PEU will hit $1 trillion in AUM first?
Private-equity firms grew even more, with assets rising 23% to $7.4 trillion.
