(Pension & Investments) There were more new equity-oriented U.S. hedge funds launched in 2015 than in prior years, analysis by law firm Seward & Kissel showed.About 80% hedge funds launched in 2015 employed equity strategies, compared to 73% in 2014 and 65% in 2013, said the latest annual version of The Seward & Kissel New Hedge Fund Study, released Wednesday. About 15% of the remaining new U.S. hedge funds used multistrategy and global macro strategies, and 5% consisted of credit, managed futures and other strategies.
A significant proportion — 64% — of new U.S. hedge funds launched in 2015 started trading with some form of seed capital, compared to 65% of new funds in 2014.
