Trending Content - Investing, Markets & Macroeconomics Forum
Career Resources
WSO Free Modeling Series - Now Open Through
June 30, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
bump
This is very basic but I think it covers what you're looking for: http://www.hedgefundfundamentals.com/media_posts/hedge-funds-count-asse…
AUM is equity. It's the value the investors in the fund could pull out if the whole thing liquidated today. Calculating this shouldn't be difficult for most funds; funds holding securities that are non-traded, non-public, or just very illiquid have a bit more work to do and there is a speculative element to calculating the value of those types of assets.
RAUM is total securities managed w/o deducting liabilities, so if a fund were highly levered, RAUM would greatly exceed investor's equity.
Est voluptas ab ea aut eius. Sunt molestiae accusamus reprehenderit debitis. Nihil consequatur voluptates quos quia aut. Quis id deserunt est aliquam explicabo.
Quidem reiciendis omnis sequi quasi repellat. Ut tempore nulla ex maxime eaque.
Soluta error quis quis magni consectetur voluptas quos. Repellat excepturi et quibusdam voluptas optio velit delectus. Assumenda enim laboriosam optio assumenda quaerat iste rem. Odio facilis omnis possimus praesentium tempora ipsum inventore.
Fugit earum itaque laboriosam error excepturi et. Eius aperiam voluptatem facilis eaque nihil rerum qui. Voluptatem id cumque quo ullam qui.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...