08.04.2020 New hedge fund study shows seed activity, founders' share classes decline in 2019 launches
Laxman Pai, Opalesque Asia:

For the first time since 2013, the majority of newly-established hedge funds did not provide in their offering documents for founders' classes, which give special terms to early investors, said a study.

In 2019, only 44% of new hedge funds offered founders' classes, continuing a sharp downward trend from 68% in 2017 and 57% in 2018, according to The Sewar

Article source: https://www.sewkis.com/wp-content/uploads/STUDY-New-Hedge-Fund-Study-2019.pdf - Opalesque is not responsible for the content of external internet sites
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