Table 3.1 Sampling of Hedge Fund Managers with Assets over $1 Billion as of December 2000

Fund

Estimated Assets ($B)

Pequot Capital

13.0

Moore Capital Mgt.

8.0

Maverick Capital

6.0

Soros Fund Mgt.

5.6

Citadel Investment Group

5.0

Galleon Group

5.0

Zweig-DiMenna Associates

5.0

Caxton Corp.

4.5

Kingdon Capital Mgt.

4.4

Vinik Asset Mgt.

  4.2*

Redwood Group

3.5

Och-Ziff Capital Mgt.

3.5

Marshall Wace Asset Mgt.

3.1

Duquesne Asset Mgt.

3.0

GLG

2.5

Perry Corp.

2.5

Omega Advisors

2.4

Campbell & Co.

2.2

Tiger Mgt.

  2.0*

SAC Capital Mgt.

2.0

Elliott Associates

1.9

Spectrum Asset Mgt.

1.9

Carlson Capital

1.8

Orbis Investment Mgt.

1.7

Stark Investments

1.7

Paloma Partners

1.6

Weiss Peck Greer-Farber

1.6

Appaloosa Mgt.

1.6

Everest Capital

1.5

Gem Capital Mgt.

1.5

Unterman

1.5

Sloane Robinson Investment Mgt.

1.4

Highbridge Capital Mgt.

1.4

Clinton Group

1.4

First Quadrant

1.4

Alliance Capital

1.3

The Cypress Funds

1.3

Essex Investment Mgt.

1.3

Ellington Capital Mgt.

1.3

*Announced retirement.

(Continued)