Compared to first quarter 2017, the second quarter of this year looks positively high-five-worthy. While the first quarter was the slowest first three months since at least first quarter 2013, the most recent quarter is very similar to second quarter 2016. Still off a bit, but not by all that much.

A total of 39 new investment funds were launched during second quarter 2017, bringing the midyear total to 86 new funds. As a group, the second quarter funds are seeking to raise approximately $32.3 billion.