AQR may be the next fund to IPO, according to the Financial Times:
AQR Capital Management, one of the world’s biggest hedge funds, is strongly considering an initial public offering, according to people familiar with the matter.
An offering by AQR, which manages nearly $35bn, would follow the successful float in February of Fortress Investment Group, the first major US hedge fund and private equity firm to go public. It also oversees about $35bn. Blackstone, the giant private equity group, also filed for an IPO last month.
Hedge fund AQR considering flotation – [Financial Times]