Wed, Apr 1, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers March 2014

NEW LAUNCHES: Latest and announced maiden fund launches

New hedge fund launches in 2013 lowest since 2010

New hedge fund launches declined to their lowest level in three years in 2013 even as total hedge fund industry capital ended the year at a record $2.62 trillion. New hedge fund launches totaled 1,060 for 2013, the lowest level since 935 funds launched in 2010, according the latest Industry Report, released by HFR. While the 2013 full year launch total fell below the totals of 1,108 and 1,113 in each of the prior two years, respectively, launches in 4Q13 rose to 244, topping the 231 from the prior quarter though trailing the 284 launches from 4Q12. Launches for 2013 were led by Equity Hedge strategies, with 428 new funds, followed by Macro strategies with 256 new funds.

Hedge fund liquidations increased to their highest level since 2009, with 904 funds closing during 2013, exceeding the 873 that liquidated in 2012 but trailing the 1,023 from 2009. A record 1471 funds closed in 2008.

Full press release here Hedge funds launched in Asia in 2013 raised less money than the previous year...

Hedge funds launched in Asia in 2013 raised a fifth less than a year before as more managers launched funds with smaller sizes, according to a survey from AsiaHedge. New funds raised $3.85 billion, which was down from a record $4.74 billion in assets in 2012, Reuters reported. The number of new hedge funds increased by about a tenth to 71 in 2013 from 65 a year earlier, indicating that launch sizes got smaller. ...While the US market saw a healthy year-on-year growth of 10%

While European hedge fund launches were in the doldrums in 2013, the US market saw a healthy year-on-year growth of 10% with the majority (65%) opting for equity or equity-related strategies, according to a survey by ......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Private credit comes into focus for investors[more]

    Bailey McCann, Opalesque New York: As investors look for a way out of the low yield/no yield environment, private credit is becoming an increasingly attractive asset class, according to a white paper from Bayshore Capital Advisors. Private credit has grown steadily since the financial crisis as

  3. Other Voices: The role of diversification in CTA portfolios[more]

    2014 brought a resurgence of managed futures strategies, or CTAs, which performed very well as a whole, outperforming all other hedge fund strategies. However, a closer look reveals that there was a wide range of performance, or return dispersion, across managers. The bottom line? Not all CTAs

  4. Neuberger Berman unit buys 20% stake in activist hedge fund Jana Partners for $2bn[more]

    Komfie Manalo, Opalesque Asia: Neuberger Berman’s unit Dyal Capital Partners bought a 20% stake in activist hedge fund firm Jana Partners worth $2bn, WSJ.com reports. The deal comes as activi

  5. Hedge fund launches fall again, $1bn funds found to outperform even smaller hedge funds[more]

    Komfie Manalo, Opalesque Asia: The number of new hedge fund launches fell again in 2014, the third consecutive year of decline, while fund liquidations saw their first drop since 2010, according to the latest HFR Market Microstructure Industry Report released by industry data provider HFR. Acc

 

banner