Hedge Fund Launches Down, Liquidations Up In Q3

Dec 8 2011 | 2:01pm ET

Although hedge fund launches were down and liquidations up in Q3 compared to the previous quarter, 2011 is still on track to be the best year for new fund launches since 2007.

According to HFR’s latest Market Microstructure Industry Report, there were 265 hedge fund launches in Q3 2011—down by 15 from Q2 2011, but up slightly compared to Q3 2010.

The third quarter saw 213 hedge fund liquidations—20 more than in Q2 2011 and 45 more than in Q3 2010.

Q3 2011 liquidations were the highest quarterly total since Q1 2010, when 240 funds liquidated.

On the other hand, hedge fund launches remain on pace for their highest calendar year total since 2007, which saw the launch of almost 1,200 funds.

HFR also noted that hedge fund dispersion was up 30% in a volatile quarter that saw managers influenced by macro considerations surrounding the European sovereign debt crisis.


In Depth

AIMA: Smaller Firms Remain the Lifeblood of the Hedge Fund Industry

Jul 26 2017 | 5:55pm ET

It is a hedge fund industry truism that the largest managers receive the most attention...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of