Credit Woes Hinder Hedge Fund Launches: Report

Law360 (June 20, 2008, 12:00 AM EDT) -- Increasing credit concerns and a slowing economy have resulted in the lowest number of hedge fund launches since 2000, says a new report from Hedge Fund Research Inc. The number of hedge fund liquidations, meanwhile, is rising.

Hedge fund liquidations jumped 20% in the first quarter of 2008 over the same time period in 2007, the Chicago-based research group said in its quarterly report released Thursday.

In the first quarter of 2008, the hedge fund industry saw 247 new hedge funds, compared to 251 hedge funds...
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