Pensions & Investments – Hedge fund launches in the second quarter declined 19% to 245, the lowest level of quarterly fund creation since the fourth quarter of 2010, according to new data released Thursday by Hedge Fund Research, an index creator and industry researcher.
The rate of hedge fund liquidation eased to 192 funds in the second quarter, down 17% from the previous quarter, according to HFR’s report. However, the total of 424 fund liquidations in the first half of 2012 exceeded the rate in the first six months last year by 14%.
