Texas is attracting a disproportionate number of new managers.In the past five years, the number of fund-management firms in the Lone Star State has jumped 27% to 136, according to Hedge Fund Alert’s Manager Database. During the same period, the total number of firms operating in the U.S. has increased 8% to 3,172. Meanwhile, manager rosters in the hedge fund bastions of New York, Connecticut and Illinois have shrunk. The Manager Database...