Raising New CapitalRaising New Capital During the Crisis(http://HedgeFundBlogger.com) While many firms are hurting performance-wise I have spoken with over a dozen in the past 3 weeks still pushing capital raising efforts forward and showing positive performance so far for the year. Many managers are referring to this as a Darwinian process of weeding out those funds which did not have strong risk controls in place. To be fair I think most funds had consistently applied risk controls in place to weather "regular" market volatility and fluctuations and not movements which associate the time with the great depression. The hedge fund industry is not going away. When Soros mentions that the industry could shrink by 50% he fails to add in that most of that same capital will jump right back into other hedge funds or alternative investments ...