Tue, Oct 22, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Opalesque Roundup: New hedge fund launches hit an 18-year low in 2018: hedge fund news, week 12

Monday, April 01, 2019

New hedge fund launches hit an 18-year low during 2018. The fund liquidations declined during 2018, hitting their lowest point since 2007. An estimated 561 hedge funds launched for the full year 2018, representing the lowest launch total since 2000. 4Q18 represents the second consecutive quarter in which liquidations exceeded launches, reversing a four-quarter trend of net growth in the number of funds, it said. Fund liquidations rose in 4Q18 to an estimated 215, the highest level since 2Q17, when 222 funds closed.

Despite the uptick of liquidations at year-end, the total number of fund closures declined in 2018, as 659 funds liquidated for the year, representing a decline of 125 from the 784 funds that closed in 2017. The calendar year liquidation total also represents the lowest closure total since an estimated 563 funds closed in 2007.

In new launches, Izzy Englander's Millennium Management has raised $3.7 billion for a new five-year share class of the firm's flagship hedge fund; Proxy P Management AB recently launched three long/short equity funds to complement its suite of long-only products; Therium Capital Management, a Channel Islands-based litigation funder, has ......................

To view our full article Click here

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. These hedge funds do better. So why can't they raise more money?[more]

    From Institutional Investor: It's an enduring paradox: hedge funds run by women and minorities outperform their peers - but run less money. Evidence continues to mount that the money investors allocate to minority- and women-controlled hedge funds stands a better than even chance of outperformi

  2. Tech: Quantum computing may be closer than expected with 'game changer' discovery[more]

    From Inverse: While quantum computing has long been an exciting notion for scientists and the public alike, the realization of these technologists has long been on hold. But researchers from the Johns Hopkins University have discovered a material that might just fast-track the creation of these, unt

  3. PE/VC: Private-equity deals depress worker wages, study finds, Thoma Bravo to buy Sophos for $3.9bn, Unicorn valuations are fit to burst, warn investors[more]

    Private-equity deals depress worker wages, study finds From Market Watch: Private-equity deals result in worse pay for workers, and, depending on whether the buyout target was public or not, fewer jobs, according to a newly published study. The study of some 6,000 private-equity de

  4. Tech: When AI invests in AI[more]

    From Forbes: The title of this article might sound farfetched to many readers, but keen students of artificial intelligence (AI) know that this is no longer very far away. Since the advent of computers, capital markets have always been at the forefront of technology. Yes, that's right. You may be wo

  5. Institutional investors in Canada, U.S., and the U.K are warming to responsible investing, says a survey[more]

    Laxman Pai, Opalesque Asia: The use of environmental, social and governance (ESG) principles by institutional investors in Canada, the US, and the UK is rising according to a new survey. RBC Global Asset Management (RBC GAM)'s annual survey on responsible investing trends found that more