Third-Quarter Fund Launches Exceed Liquidations For First Time In More Than 2 Years

(Pension & Investments) Quarterly hedge fund launches exceeded closures for the first time in more than two years, according to new data from Hedge Fund Research released Thursday. In the three months ended Sept. 30, 176 new hedge funds began trading compared to 137 fund liquidations. In the previous quarter, 180 hedge funds were launched and 222 funds closed.

The number of new funds launched in the third quarter of 2016 totaled 170, while liquidations totaled 252.

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