The number of hedge-fund liquidations reached a two-year high in the first quarter, a period which also saw a boom in new launches.
Source: [MarketWatch](https://www.marketwatch.com/story/its-boom-and-bust-in-the-hedge-fund-world-as-both-liquidations-and-new-launches-spike-0c99b896?mod=mw_rss_topstories)