New Hedge Fund Numbers – Down 48%

Hedge-fund assets declined 48% in 2008 on losses and redemptions

• Assets – December 2007: $1.92 trillion
• Assets – December 2008: $998.4 billion at the end of December
  • at the lowest level since July 2004, $976.7 billion
  • December Redemptions: $148.8 billion, a record

—TrimTabs Investment Research and BarclayHedge.