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The number of new funds of $50 million or more reached 149 last year, raising combined total assets of $40.2 billion. This compares with 273 launches of that size in 2007, which together raised $69.2 billion |
Given the turmoil in global markets last year, it is not surprising that the number of new launches and the assets they raised were both sharply down in 2008 in all the main hedge fund markets.
The number of new funds of $50 million or more reached 149 last year, raising combined total assets of $40.2 billion. This compares with 273 launches of that size in 2007, which...