Largest hedge funds in Illinois
The 50 hedge funds based in Illinois reporting the most capital raised on their latest Form D. Amount raised is cumulative sales, not current assets.
Fund
First sale
Raised
Investors
Minimum
YTD performance
Atlas Enhanced Fund, LTD
Chicago, IL
First saleMar 2011
Raised$19B
Investors3,120
Minimum$5.0M
YTD performanceNot reported
Atlas Enhanced Fund LP
Chicago, IL
First saleJan 2008
Raised$10B
Investors2,766
Minimum$5.0M
YTD performanceNot reported
Weatherlow Fund I L.P.
Evanston, IL
First saleOct 2002
Raised$9.4B
Investors712
Minimum$250K
YTD performanceNot reported
Alyeska Fund LP
Chicago, IL
First saleFeb 2008
Raised$5.0B
Investors266
Minimum$20K
YTD performance+17.7%13F est. YTD · thru Q2 2026
WhiteSpruce Fund LP
Chicago, IL
First saleOct 2014
Raised$4.2B
Investors149
Minimum$5.0M
YTD performance-1.1%13F est. YTD · thru Q2 2026
GP Opportunistic Growth Strategies, L.P.
Chicago, IL
First saleJul 2010
Raised$2.2B
Investors493
Minimum$250K
YTD performanceNot reported
GP Global Equity Strategies, L.P.
Chicago, IL
First saleApr 2003
Raised$2.1B
Investors448
Minimum$250K
YTD performanceNot reported
Wolverine Flagship Fund, LLC
Chicago, IL
First saleOct 2002
Raised$2.1B
Investors89
Minimum$2.0M
YTD performance+6.5%13F est. YTD · thru Q2 2026
Magnetar Structured Credit Fund LP
Evanston, IL
First saleMar 2008
Raised$2.1B
Investors156
MinimumNone set
YTD performance+20.4%13F est. YTD · thru Q2 2026
Oakmark International Equity L.P.
Chicago, IL
First saleJun 1999
Raised$1.9B
Investors147
Minimum$1.0M
YTD performance-0.1%13F est. YTD · thru Q2 2026
Alpha Core Strategies Fund
Chicago, IL
First saleApr 2004
Raised$1.4B
Investors1,157
Minimum$50K
YTD performanceNot reported
GP Low Volatility Hedged Strategies, L.P.
Chicago, IL
First saleJan 2006
Raised$1.3B
Investors307
Minimum$250K
YTD performanceNot reported
Blue Strategic Alternative Credit Fund, L.P.
Chicago, IL
First saleMay 2025
Raised$1.3B
Investors3
Minimum$100K
YTD performanceNot reported
Readystate Offshore Fund, Ltd.
Chicago, IL
First saleMar 2022
Raised$1.2B
Investors71
Minimum$5.0M
YTD performance+2.9%13F est. YTD · thru Q2 2026
SBB Research Group Cps Fund XI LLC
Northbrook, IL
First saleSep 2013
Raised$1.2B
Investors10
Minimum$1.0M
YTD performanceNot reported
Readystate Partners, LP
Chicago, IL
First saleMar 2022
Raised$1.2B
Investors59
Minimum$5.0M
YTD performance+2.9%13F est. YTD · thru Q2 2026
Heard High Conviction Long Only Fund LLC
Chicago, IL
First saleJul 2019
Raised$1.1B
Investors104
Minimum$1.0M
YTD performance+6.3%13F est. YTD · thru Q2 2026
GP Emerging Markets Strategies, L.P.
Chicago, IL
First saleMay 2014
Raised$890M
Investors231
Minimum$250K
YTD performanceNot reported
William Blair Emerging Markets Growth Fund LLC
Chicago, IL
First saleMar 2018
Raised$855M
Investors51
Minimum$1.0M
YTD performanceNot reported
Magnetar Capital Fund II LP
Evanston, IL
First saleJan 2010
Raised$829M
Investors114
MinimumNone set
YTD performance+20.4%13F est. YTD · thru Q2 2026
Oakmark Global Equity L.P.
Chicago, IL
First saleJul 2007
Raised$819M
Investors87
Minimum$1.0M
YTD performanceNot reported
BlueSpruce Fund LP
Chicago, IL
First saleJul 2013
Raised$801M
Investors197
Minimum$5.0M
YTD performance-1.1%13F est. YTD · thru Q2 2026
GEM Realty Securities Flagship, L.P.
Chicago, IL
First saleApr 1998
Raised$761M
Investors254
MinimumNone set
YTD performance+14.6%13F est. YTD · thru Q2 2026
SBB Research Group Polysight III, LLC
Northbrook, IL
First saleNov 2021
Raised$743M
Investors9
Minimum$50.0M
YTD performanceNot reported
Magnetar Alpha Star Fund LLC
Evanston, IL
First saleMay 2022
Raised$707M
Investors2
Minimum$450M
YTD performance+20.4%13F est. YTD · thru Q2 2026
Nine Ten Partners LP
Chicago, IL506(c)
First saleJul 2014
Raised$698M
Investors45
Minimum$250K
YTD performanceNot reported
HFReu Umbrella Trust
Chicago, IL
First saleNov 2010
Raised$677M
Investors5
Minimum$100K
YTD performanceNot reported
Diversified Core Strategies Fund, LLC
Chicago, IL
First saleJul 2001
Raised$655M
Investors732
Minimum$250K
YTD performanceNot reported
FT Alternative Platform I LLC
Chicago, IL
First saleMay 2013
Raised$651M
Investors1,182
MinimumNone set
YTD performanceNot reported
Atlas Institutional Equity Fund, L.P.
Chicago, IL506(c)
First saleMay 2020
Raised$637M
Investors4
Minimum$500M
YTD performanceNot reported
Aquatic Argo Fund LP
Chicago, IL
First saleJul 2023
Raised$616M
Investors14
Minimum$10.0M
YTD performance+10.8%13F est. YTD · thru Q2 2026
Magnetar Xing He Fund LLC
Evanston, IL
First saleJul 2016
Raised$564M
Investors2
MinimumNone set
YTD performance+20.4%13F est. YTD · thru Q2 2026
William Blair International Leaders Fund, LLC
Chicago, IL
First saleFeb 2017
Raised$472M
Investors12
Minimum$5.0M
YTD performanceNot reported
Huizenga Managers Fund LLC
Oak Brook, IL
First saleJun 2002
Raised$460M
Investors251
Minimum$500K
YTD performanceNot reported
Intrinsic Edge Capture, L.P.
Chicago, IL
First saleJan 2007
Raised$429M
Investors267
Minimum$500K
YTD performance+30.8%13F est. YTD · thru Q2 2026
Galaxy Plus Fund LLC - East Alpha Feeder Fund (548)
Wheaton, IL
First saleOct 2021
Raised$380M
Investors8
Minimum$100K
YTD performanceNot reported
Galaxy Commodity - Polaris Fund, LLC
Wheaton, IL
First saleFeb 2022
Raised$371M
Investors8
Minimum$10.0M
YTD performanceNot reported
Magnetar Systematic Multi-Strategy Fund LLC
Evanston, IL
First saleAug 2017
Raised$371M
Investors66
MinimumNone set
YTD performance+20.4%13F est. YTD · thru Q2 2026
AIR U.S. Life Fund II QP, LP
Chicago, IL
First saleAug 2017
Raised$370M
Investors673
Minimum$250K
YTD performanceNot reported
Squadron Master Fund LP
Oak Brook, IL
First saleNov 2024
Raised$344M
Investors45
MinimumNone set
YTD performanceNot reported
Acacia Capital LP
Chicago, IL
First saleFeb 2003
Raised$340M
Investors82
Minimum$1.0M
YTD performanceNot reported
Multi-Advisor Funds Global Equity Fund-Generation Investment Management US LLP
Chicago, IL
First saleMay 2009
Raised$326M
Investors464
MinimumNone set
YTD performanceNot reported
Global Moat Fund, LP
Chicago, IL
First saleJan 2015
Raised$323M
Investors51
Minimum$100K
YTD performance+14.5%13F est. YTD · thru Q2 2026
True Partner Offshore Fund
Chicago, IL
First saleAug 2019
Raised$320M
Investors88
Minimum$1.0M
YTD performanceNot reported
William Blair Emerging Markets Leaders Fund LLC
Chicago, IL
First saleOct 2018
Raised$319M
Investors5
Minimum$1.0M
YTD performanceNot reported
Kabouter Fund I QP, LLC
Chicago, IL
First saleJul 2011
Raised$306M
Investors98
Minimum$500K
YTD performanceNot reported
Cedar Street Teton Fund, L.P.
Chicago, IL
First saleJan 2014
Raised$305M
Investors185
Minimum$250K
YTD performanceNot reported
Gresham Low Volatility Hedged Strategies Offshore, Ltd.
Chicago, IL
First saleJun 2007
Raised$298M
Investors146
Minimum$500K
YTD performanceNot reported
GP Opportunistic Growth Strategies Offshore Ltd.
Chicago, IL
First saleJan 2016
Raised$275M
Investors143
Minimum$250K
YTD performanceNot reported
Trigran Investments LP II
Northbrook, IL
First saleJan 2005
Raised$270M
Investors226
MinimumNone set
YTD performance+35.5%13F est. YTD · thru Q2 2026
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