In its 17th annual global alternative investment survey, Deutsche Bank Global Prime Finance (DB) analyzed responses from 425 allocators that manage or advise roughly $1.74 trillion of hedge fund assets. This second article evaluates the portions of the DB survey report that cover additional allocation preferences, including with respect to investment vehicles, region and strategy; the continued decline in hedge fund fees; and early stage investing. The first article covered observed and expected performance and allocation preferences, including with respect to environmental, social and governance products; initial and target allocation sizes; and minimum fund size. For coverage of previous editions of DB’s annual survey, see our two-part coverage of the 2015 survey: Part One (May 21, 2015); and Part Two (Jun. 4, 2015); and our coverage of the 2013 survey: “Deutsche Bank Survey Describes the Contours of the Nontraditional Hedge Fund Product Market: Investor Appetite, Performance, Marketing, Fees and More” (Jan. 23, 2014).