Hedge fund managers may seek parties to acquire strategic stakes in their businesses or revenue streams for various reasons, including the desire to expand or monetize their businesses.  To help hedge fund managers understand the current market for such arrangements, a recent report provided a thorough look at hedge fund seeding, identified seven discrete seeding models and described recent merger and acquisition activity in the hedge fund space.  The report also provided an overview of recent fund launches and closures.  This article summarizes the key takeaways from the report.  See also “How to Structure Exit Provisions in Hedge Fund Seeding Arrangements,” Hedge Fund of Law Report, Vol. 3, No. 40 (Oct. 15, 2010).