FTFM There has never been more money seeking a home in hedge funds. But this does not necessarily mean that raising money for a start-up fund has become any easier.
Last year saw record inflows for the industry, totalling $126bn against the previous high of $99bn set in 2002, according to Hedge Fund Research. And in the first quarter of this year, the industry attracted some $60bn of new money. Yet taking a slice of this for a new fund is a challenge.
