Ads
August 03, 2006
Hedge Funds Flood European Market
This year, quantity wins above quality. What am I talking about? Why, it’s the debut of hedge funds in the European market, of course. Trade paper EuroHedge reports that a record 170 hedge funds were launched this year, that raised a $11.4 billion volume of assets. Though the number is impressive when compared to last year’s 150, the volume of assets raised slipped from $13 billion in 2005.
The reason for this dip in the assets graph? EuroHedge attributes it to the fact that there were less number of high profile hedge funds being unleashed on the market. Last year, Gandhara Capital, Peloton Capital and the European TOPS funds created splashes with their entrances into the hedge fund industry. They were among the five funds that raised $1 billion or more in assets.
The big names to hit the market in 2006 will do so in the latter half of the year. Among them are the SRM fund and Montrica with ambitious plans to rake in $5 billion and $1.5 respectively.
--
Did you enjoy this post?
Comments
Post a comment
« SRM Global Ready for Debut | Main | Is it the End of The Road for MotherRock? »
Syndicate
Comments