Sep
11
The Incredible Shrinking Hedge Fund
ByYou’d be forgiven for thinking the hedge fund industry might be starting to rebound. Industry assets are at a record $3.2 trillion this year, and a brand-new ?rm just brought in an unprecedented $8 billion.
But the reality isn’t so rosy. In?ows into funds, on the whole, are non-existent and the number of startups has slowed to levels not seen for nearly two decades…