Thursday, 26 November 2015
Last updated 18 hours ago
Dec 8 2011 | 1:59am ET
More hedge funds closed and fewer hedge funds opened in the third quarter, the worst three months in three years for the industry in terms of performance.
Some 213 hedge funds liquidated between July and September, the most since the beginning of last year, Hedge Fund Research data shows. But the total number of hedge funds actually increased, thanks to 265 funds opening their doors over the period.
But that number also shrank, from 280 in the second quarter. All told, 843 hedge funds have opened this year, keeping the industry on pace for the most launches in four years.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…