22.04.2013 Opalesque Exclusive: Former mega hedge fund Stark Investments liquidates while fund closures globally decrease: hedge fund news, Week 16
In the week ending April 21, 2013, Stark Investments announced it would close down its operations after assets fell by 85% from $14bn to $2.1bn; a report by HedgeFund Intelligence suggested that the rate of closures in the global hedge fund industry went down for the fourth year in a row, with 302 fund shutdowns in 2012 (HFI also reported that hedge funds assets topped $2.2tln in 2012 on the back
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