New hedge fund formation rebounded strongly in 2025, reaching its highest level in four years, as investors and managers positioned portfolios for a more volatile macro and geopolitical backdrop, according to a latest Market Microstructure Report from HFR.
HFR’s research shows that an estimated 562 funds launched 2025, marking the strongest annual total since 2021. The increase in activity comes alongside persistently low levels of fund closures, underscoring improving industry confidence and su...
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