Fund launches began to pick up pace compared with last year, and the biggest 43 funds garnered $10.9 billion.
By Katrina Dean Allen
For managers who want to start new hedge funds, the environment is still tough—but AR's latest survey of fund launches offers definitive proof that it is finally getting easier to raise money.
Fund launches in the Americas amassed $10.9 billion through mid-June, more than double what new funds had during the same period last year. The number of new funds to roll out in the first half of the year also more than doubled, according to the biannual survey by AR, which has been tracking the biggest fund launches since 2004. At least 43 funds