Despite a challenging year, hedge fund industry assets under management (AUM) increased by approximately $180 billion during 2015 and now stand at approximately $3.2 trillion, according to industry data provider Preqin. The findings were part of Preqin’s annual Global Hedge Fund Report, which was released this week at MFA’s 2016 Network conference in Miami. According to the report, investors committed nearly $72 billion of new capital to the industry and Preqin’s benchmark reported 2.02 percent gains during the year. Even though performance was down from previous years, 37 percent of surveyed fund managers reported an increase in institutional capital. “Our...