10.14.2009

Number of New Hedge Fund Launches Rises

After a slow year, the pace of new hedge fund launches is beginning to take off.

"It's a promising environment for new hedge funds," said Alex Ehrlich, the global head of Morgan Stanley's prime services business. "Money is coming in from seasoned investors, many of whom are preparing to redeploy capital."

In 2008, more than twice as many hedge funds liquidated as opened.

Here is a list of some new hedge fund launches in 2009/2010 (also includes established companies launching new funds):
Beacon Light Capital
RoundKeep Capital Advisors
Roc Capital Management
Ambit Capital
QuantZ Capital Management
Theory Capital Management
Flintlock Capital Asset Management
Black River Asset Managment
Van Hulzen Asset Management
Raffi Capital Management
SLP Capital
Esplanade Capital
Sugarloaf Rock Capital
Tidewater Capital
Harrier Hawk Management
Raven Rock Capital
Mudrick Capital

Hedge Fund Jobs Poised to Recover

Hedge Fund Jobs Poised to Bounce Back after Rough 2009:
After a slow summer, hedge fund jobs are poised to bounce back. This is according to the 2009 Hedge Fund Employment Report.

The report also details a number of other interesting facts about hedge fund jobs:
  • Unsurprisingly, New York, Connecticut, and Massachusetts are the best states for getting hedge fund jobs.
  • Greenwich, Boston, San Francisco, and New York are the best cities for getting hedge fund jobs.
  • 2010 should have improved conditions for getting a hedge fund relative to 2009.
Very informative. You can read the full report here.

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