Apr
13

New hedge funds net most cash since 2004

By

David Siegel, co-founder of Two Sigma.

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David Siegel, co-founder of Two Sigma.

Hungry for returns, investors are giving more new hedge funds a test drive.

Funds based in the Americas that launched in 2014 pulled in $34.1 billion, the highest annual total since $39.5 billion was raised in 2004, according to new research from industry news and data providerAbsolute Return. The money was spread out over 84 new funds running at least $50 million, the largest total since 86 of the same minimum size were formed in 2006…

New hedge funds net most cash since 2004

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