The ‘masters of the universe’ are back in business

Is a hedgefund renaissance underway?

Will Wainewright on behalf of Spear’s Magazine explores several crucial macroeconomic factors that may be leading to a rise both in performance, and new fund launches altogether. Jon Caplis weighs in with the latest PivotalPath research, which forecasts over 40 new launches (now well over 50) in 2024 among $1 billion-plus hedge fund firms.
“It’s something we haven’t seen for years, and indicates a new confidence from talented managers to go out on their own. The market and trading environment for hedge funds generally is good.”
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