Today, there are approximately 11,000 hedge funds in the world. Many U.S.-based firms are headquartered in New York and other cities on the East Coast, Chicago, Dallas, and Los Angeles, although firms can be found in nearly every state. Many top U.S. firms have offices in foreign countries. For example, Och-Ziff Capital Management Group (the third-largest firm in 2015 by assets under management) has offices in New York and Houston, and overseas in London, Hong Kong, Mumbai, Beijing, Dubai, and Shanghai.
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