Somewhat surprisingly, the number of hedge fund failures in 2007 declined compared to 2006. Forty-nine hedge funds shutdown in 2007, representing $18.8 billion at their higher valuation, compared with 83 hedge funds that shuttered themselves--worth $35 billion--the year before, as calculated by Absolute Return. Will this hold in 2008? Well, we've already seen a lot of big blow ups. Financial News Online notes the Amaranth, Peloton and others. But by the end of the year, it's possible that the numbers will look good. We've seen a lot of distressed credit funds start up. The worst of the credit crunch may be over.  

For more:
- here's the Financial News Online article

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