Here are the new $1 billion hedge funds opening this year
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Since the 1990s, hedge funds have risen to become the juggernauts of the investing world, and now new firms are springing up at a rate unseen for a decade.
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At least five new funds, managing $1 billion or more each, will open in 2015. Last year, there were eight in total.
Bloomberg's Katherine Burton and Simone Foxman highlighted this year's five new firms, which include:
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