Institutional investors more than doubled their allocation to hedge funds in 2022, to $16.6 billion from $8 billion in 2021, according to the third annual Alternatives Watch Research Investor Compendium, commissioned by Vidrio Financial.
Total capital allocated to all kinds of alternative assets in 2022 was $144 billion across the more than 1,000 individual institutional investor mandates of the top 50 alternative allocators.