What parts of the HF industry are experiencing structural tailwinds?

Does anyone have a good sense of what strategies or approaches to investing are experiencing structural tailwinds? For example, I would say US stocks in the 1980s / 1990s were experiencing tailwinds - everyone made money and felt like a genius. Moreover, during that period, assets ballooned.

If you have a suggestion, it would be great if you have specific examples or actual data. For what it is worth, I actually downloaded a spreadsheet of fundraising data to see if there are certain firms that have raised a lot of money via a website called https://formds.com. The problem was that my findings weren't particularly surprising (e.g., RenTech is raising a lot of money lol).

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