While anecdotal evidence suggests that hedge fund launches are picking up in the second half of the year, the amount of seed capital available from institutional investors has dropped by 44%.

According to Acceleration Capital Group, which surveyed 50 top institutional hedge fund seeding firms globally, the amount of seed capital available in Q3/Q4 of this year is $1.32 billion compared with $2.35 billion that was available in the first half of the year.