SHUTDOWNS: Numbers of fund closures drop again in 2011

Mon Apr 16, 2012

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The attrition rate in the global hedge fund industry continued to slow in 2011, with a total of at least 316 funds closing their doors for good during the year. This was a slight drop from the previous year’s revised total of 349 fund shutdowns, but still well below 2008 levels when over 500 funds shuttered, according to HedgeFund Intelligence data. DATA INCLUDES: Fund shutdowns by region 2001-2011; Fund shutdowns by strategy in 2011; Fund shutdowns by location of manager in 2011


Amal Robleh, data and research associate, HedgeFund Intelligence

The attrition rate in the global hedge fund industry continued to slow in 2011, with a total of at least 316 funds closing their doors for good during the year. This was a slight drop from the previous year's revised total of 349 fund shutdowns, but still well below 2008 levels when over 500 funds shuttered, according to HedgeFund Intelligence data.

That said, the proportion of funds closing during the year has probably not dropped so much - given a sharp decline in numbers of live funds trading post...

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