Schulte Ranked Top Legal Service Provider for Hedge Funds in 2016

Schulte ranked as the top legal service provider for hedge funds based on assets under management in 2016 in the annual Market Microstructure Hedge Fund Industry Report released by Hedge Fund Research Inc. (“HFR”), a global leader in the indexation, analysis and aggregation of the alternative investment industry. The report noted that while hedge fund liquidations increased in the fourth quarter of 2016, total global hedge fund capital surpassed $3 trillion, bringing the number of closed funds for 2016 to the highest level since 2008.