Hedge fund launches are at an eight-year low, according to Financial News Online.  We still read about a steady trickle each week.

The Mortgage Opportunity Fund of Five Bridges Capital will launch soon, investing in undervalued assets.
Odey Asset Management has opened a fund of funds division.
GSO Capital Partners will launch a USD 1.5-2 billion fund.
BlackRock, Lucas Capital Management, Ospraie Management, Tocqueville Asset Management and Zweig-DiMenna International Managers all will launch Shariah-compliant funds during the next two weeks with funding from the Dubai government.
Woori Absolute Partners will launch an Asia-focused fund based in Singapore.
Intelligent Portfolio is a multi-asset fund of funds from Castlestone Management.
Argonaut is a fund from the Restis Group focusing on equities in shipping industries.
A new USD 100 million fund from PCE Investors will seed hedge funds.
Sinfonia Asset Management is a new fund of funds division of the Tenet Group.

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