The number of Hedge Fund Managing Companies subject to registration
with the SEC by Feb 1, 2006 under new registration requirements.

2nd part: broken down by assets under management.

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Request for Question Clarification by pafalafa-ga on 28 Oct 2005 18:01 PDT

mbres,

The SEC conducted several in-depth studies of hedge funds prior to its
new regulation.  One study looked at the hedge fund industry overall. 
Another considered the costs and benefits that would result from the
registration process.

Both documents make very clear that neither the SEC nor any private
body really has very comprehensive information on hedge funds.  No one
knows how many are out there, how much assets are under hedge fund
management, or what the size distribution of hedge funds is.

Heck, no one quite agrees on even the definition of a hedge fund!

The SEC estimated (in 2003) that there were about 7,000 hedge funds in
the US, lots more in the making, and are heading towards the $1
trillion mark in terms of overall in assets.


Not all the funds are subject to the new SEC regulations, though
certainly most of the larger, public funds are.

But again, the SEC doesn't know -- and I doubt anyone really does --
just how many funds there are, how many will report under the rule,
and what their asset distribution looks like.

However, I can certainly steer you to the most comprehensive SEC
documents on these topics, if that would help you.

Let me know your thoughts on how best to proceed at this point.


pafalafa-ga