ACG Hedge Fund Seeder Research Q1/Q2 2009

This bi-annual research provides insight into
the world of hedge fund seeding. Specifically to
determine on a forward looking bi annual basis:

- The aggregate amount of seed capital available

- The hedge fund strategies in favor for seeders

- The geographic regions in favor for seeders

An assessment of the amount of active, inactive
and opportunistic seeders currently.

ACG -- Hedge Fund Seeder Research 2009