Launches & Closures

New funds taste pre-crisis highs

by Vasiliy

Some 71 new Americas hedge funds managed $24.9 billion by yearend, the richest total since 2007.

2012 New Funds Ranking | Prime Broker Market Share

They're back.

Some 71 new hedge funds launched in 2012 and managed $24.9 billion by the end of the year, the highest total since 2007, when 81 launches amassed $31 billion.1

Two new firms--Falcon Edge Capital and Slate Path Capital--started with more than $1 billion--up from just one firm last year, and Encompass Capital