Launches & Closures

New hedge fund launches on the rise again in second half of 2009

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While last year marked the fewest number of new funds launched since EuroHedge first compiled its annual survey, the rise in launch numbers in the second half of 2009 is an encouraging trend for service providers and investors alike

The pace of new hedge fund launches in Europe started to pick up rapidly in the second half of 2009 after a dramatic slowdown earlier in the year - although the acceleration in activity in the final months of the year was not enough to stop the full-year result being the lowest for many years.

That is the core finding of the annual survey of new hedge fund launches conducted by the EuroHedge research and data team - which shows that at least 142 new hedge funds launched in Europe in the 2009 calendar year, raising combined assets of