(Bloomberg) Hedge fund managers set on starting their own firms in 2019 face the worst money-raising environment in years. Only one is slated to begin with more than $1 billion: San Francisco-based Woodline Partners, founded by former Citadel duo Michael Rockefeller and Karl Kroeker. The next-biggest are being built by veterans of well-known hedge funds that have either closed or are winding down, according to people familiar with the plans.
For Hedge Funds This Year, $1 Billion Is the Loneliest Number
This entry was posted in Syndicated. Bookmark the permalink.
