Hedge Funds Opinion

Looking back on Sailfish Capital's descent

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Absolute Return also revisits problems for new launches.

One year ago
>> New hedge fund launches lurched forward, with 50 new funds starting in 2011 and ending the calendar year with at least $50 million in assets.

The environment thawed significantly in the subsequent months. In 2012, some 71 new hedge funds hit that mark, the highest total since 2007, according to Absolute Return's recently-released new funds survey. Major launches included a new fund from Renaissance Technologies, two startups from former executives at Blue Ridge Capital Management and a private equity/hedge fund hybrid from CarVal Investors.

See also: New hedge funds update: January 2013