Seward & Kissel’s 2024 New Manager Hedge Fund Study evaluates newly formed hedge funds sponsored by new U.S.-based managers entering the market. This Study covers the 2024 hedge fund launches of relevant Seward & Kissel clients meeting these criteria. Key Findings: 77% of the funds had equity or equity-related strategies, slightly up from 74% in 2023. With respect to management fees charged in the standard (i.e., non-founders) classes, the average rate was 1.38% for equity strategies (do...
