Offshore Company (offshorecompany.com), in what is either the clearest sign yet that either:

the hedge fund bubble is readying to implode, or
the free press release bubble is getting ready to lose its effectiveness

announced that is is throwing its hat into the hedge fund creation and advice business.  Offshore Company claims in their release that they have been advising on offshore company formation and offshore incorporation since 1977.

Offshore companies new program will help hedgies with:

For years, hedge funds grew in popularity and assets under direct management, but i remains to be seen what happens to the mighty hedgies in the face of a global liquidity slowdown.  Some of the more standard plays are not viable when liquidity has been taken down to more sustainable levels and there have been a series of high profile implosions in the face of greater volatility this year.