Launch activity picks up pace though fundraising remains stalled

Some 46 new hedge funds in the U.S. raised $10.3 billion in the first half.

The first half of 2017 saw the launch of 46 new funds managing a total of $10.3 billion as of July 1. While this represents an increase in the number of new launches when compared with last year’s first half, the actual amount of money invested in these new funds