Many little-known hedge fund managers who presented pitches at this year’s Sohn Investment Conference in New York identified stocks that rose more than 30 percent over the ensuing 12 months, according to a recent article in Institutional Investor.

“Sohn began introducing next wave investors in 2014, setting the stage for the hedge fund industry’s rising stars to share their actionable ideas alongside high-profile managers like billionaire Leon Cooperman. After several years of lagging hedge fund performance, managers still have room in 2019 to show investors the industry can accelerate its comeback in volatile markets.”

The article reports that hedge funds gained 7.6 percent during the first six months of this year, “the best first half since 2009” (according to data from the firm Hedge Fund Research). But the industry still trails the broader market, it says,  (the S&P 500 gained 17 percent over the same period), and is “under pressure to live up to the fees they charge investors.”

Some of the young managers invited to present their ideas this year included Will Snellings of Marianas Fund Management, Oleg Nodelman of EcoR1Capital, and David Roseen of Rubric Capital Management.