Friday, 27 November 2015
Last updated 1 day ago
Nov 2 2009 | 11:56am ET
While anecdotal evidence suggests that hedge fund launches are picking up in the second half of the year, the amount of seed capital available from institutional investors has dropped by 44%.
According to Acceleration Capital Group, which surveyed 50 top institutional hedge fund seeding firms globally, the amount of seed capital available in Q3/Q4 of this year is $1.32 billion compared with $2.35 billion that was available in the first half of the year.
The survey also reveals that 52% of hedge fund seeders currently prefer investing in distressed and global macro strategies, with equity long/short coming in third at 48%.
The list of top five preferred strategies was rounded out by volatility trading (38%) and event driven (38%) funds. See full report below.
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…