New hedge fund launches set to hit 24-year low, Preqin says
Published by Global Banking & Finance Review®
Posted on December 11, 2024
1 min readLast updated: January 27, 2026

Published by Global Banking & Finance Review®
Posted on December 11, 2024
1 min readLast updated: January 27, 2026

Hedge fund launches in 2024 are set to hit a 24-year low with only 123 new funds opened by Q3, according to Preqin. Most new funds focus on stock trading.
LONDON (Reuters) - New hedge fund launches will 'likely' end the year at their lowest in 24 years amid tough fundraising conditions, hedge fund research firm Preqin said on Wednesday, based on numbers from the first three quarters of this year.
By the third quarter of 2024, hedge fund managers opened 123 new funds, the lowest number since at least 2000 when total launches reached 191, Preqin said. Hedge fund debuts peaked at 697 in 2017, according to its data.
Most of this year's new funds aim to trade stocks, said the research firm.
(Reporting by Nell Mackenzie; Editing by Amanda Cooper)
The main topic is the decline in new hedge fund launches in 2024, reaching a 24-year low due to challenging fundraising conditions.
Hedge fund launches are declining due to tough fundraising conditions, making it difficult for new funds to start.
Most of the new hedge funds launched in 2024 are focused on trading stocks.
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