- Sign up for the AFI Hedge Fund Acceleration Summit 2026
- Related: Launches begin 2026 on the rise as Form D filings jump 50%
- Related: Harvey Capital’s SMA-free $1.8bn launch an exception to growing trend
New hedge fund launches rose to 165 in Q3, putting the sector on track for the highest annual total since 2021, according to HFR.
That figure put the YTD 2025 total to 427 through the third quarter, as numbers picked up following the slowdown induced by President Trump’s tariff announcement.
Form D data tracked by AFI showed fundraisings by new and established firms jumped by 50% from 54 in November to 81 in December, as momentum built going into 2026.
The data comes as Dolomite Capital launched with $1.3bn as an independent European credit manager after completing its spin-off from Taconic Capital Advisors, which closed its flagship last year.
London-based Dolomite will focus on opportunistic lending and distressed credit in Europe, building on a decade-long track record of executing the same strategy within Taconic’s credit platform, according to a statement from the firm.
The $1.3bn launch, which makes it one of the biggest new European firms in recent years, includes $1.1bn from three vintages of the European Credit Dislocation Funds series launched in 2014, as well as a $200m strategic investment from Stable Asset Management.