A common question asked by many investors is what are the best performing hedge funds, and there are many places where you can find the answer before you put your hard earned investment capital at risk. There are a wide variety of hedge funds out there, and many can be a good choice for a large number of investors. One of the best performing hedge funds in 2009 was the Appaloosa Investment I, with manager David Tepper. This fund has a global credit strategy, and had an excellent return last year of more than one hundred and seventeen percent. This number is much better than the 2008 return the fund had, at more than a negative twenty six percent. Another good choice for investors is the Redwood Capital Master, and this hedge fund has shown excellent performance in the last year. This fund uses a distressed strategy, and has seen a return of more than sixty nine percent in 2009. The manager for this fund is Jonathan Kolatch.

Glenwood Institutional Partners is another of the best performing hedge funds, and a long/short strategy is used with this choice. In 2009 this option has a return of sixty seven percent, compared with a negative forty nine percent in 2008. Managed by Larry Robbins, this is a hedge fund worth watching. Pars IV is a hedge fund that has performed well in 2009, with a global credit strategy and a return rate of sixty one percent. Tennenbaum Opportunities V is another great choice for investors who are looking for the best performing hedge funds. Kensington Global Strategies uses a multistrategy approach, and it seems to be working because in 2009 the manager Kenneth Griffin posted a return for 2009 at fifty seven percent. It is not always easy or convenient to find the best performing hedge funds, but using the Internet and doing the necessary research can help you make better investment decisions and get better results.