Hedge Funds Review – New-launch US-based hedge funds are asking for lock-ups while a good proportion of start-ups have seed or strategic capital prior to opening. Equity and equity-related strategies were most popular.
A good majority of new start-up hedge funds are imposing lock-ups. A study of US-based managers entering the market in 2011 found that 60% of new funds had a soft lock-up of usually a year, with 10% imposing a hard lock-up.
