Obsolete
Fund Database

The Eurekahedge Obsolete Fund Database is a database of dead hedge funds that have been liquidated. All funds that were live in Eurekahedge’s database are moved to the obsolete fund database once Eurekahedge confirms that the business has been wound down. Other terms for obsolete funds are dead, graveyard or closed funds although the latter term, 'closed' can have another meaning in a fund that is live but 'closed' to new investments.

17,057 alternative
funds
116 data points
per fund

Extensive Fund Coverage

The key contents of the Eurekahedge Obsolete Fund Database are:

  • 17,057 dead funds going back to January 1998
  • Average annualised return of the funds is 3.79% as compared to 6.61% in the hedge fund database
  • Average AUM of a fund when it moves from 'live' to 'obsolete' is US$78 million and has an average lifecycle of five years
  • Consists of 17,057 North American funds, 4,730 Asian funds, 14,345 European funds, 1,028 Latin American funds and 4,742 emerging market funds

The Eurekahedge Obsolete Fund Database is an essential tool for investors, researchers and academics who want to back-test portfolios, index construction, researching hedge fund life spans and attrition rates and of course for background checks and due diligence on existing companies and individuals.





Footnotes
1. As at 30 Oct 2024.
3. We consider long only absolute returns funds as a subset of long short equity with a 'long bias'. They have an identical business structure to a long short funds but tend to charge slightly lower fees.
4. Please note we are referring to funds and not management companies. There are many more management companies that run more than US$1bn in alternative assets that do not have a single billion dollar fund.

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Comprehensive Data

Eurekahedge databases track over 91 qualitative and data points and 39 statistical measurements per fund, making it easier to analyse managers performances.

Timely Updates

Eurekahedge provides access to the latest information you need for your investment decisions. 94% of all NAVs are updates by month-end.