Number of Hedge Funds in 2009
How many hedge funds are still active by the end of 2009?
6,775 hedge funds
A New York Times article, published on December 9, 2009 in the DealBook section, quoted Hedge Fund Research in reporting 6,775 hedge funds were active by the end of 2009. Although 190 hedge funds liquidated or closed shop by the third quarter, 224 new funds started at the same time, adding 34 more into the number.