Reuters – Hedge funds are once again turning their attentions to flotations as a way of cashing in on resurgent interest in the $2 trillion industry, despite a poor year for IPOs and a chequered track record for the listed hedge fund sector.
With choppy markets and fears over the euro zone debt crisis persuading many managers to keep investment bets off the table, owners of hedge funds that have prospered in the wake of the credit crisis have instead been looking at ways of capitalising on their success, executives say.
