This is the second annual FN 40 Under 40 Rising Stars of Hedge Funds, Financial News’ editorial pick of the brightest up-and-coming men and women in the industry. As the European hedge fund market matures, they represent the next generation of talent.

And they've been busy. Last year more than 1,100 new hedge funds launched globally, the highest number since pre-crisis 2007, and six of the 10 largest in Europe came from new hedge fund firms.