Good books / resources for launching a fund?

Are there any good books / resources to learn more about forming/ capital raising / launching a fund? There seem to be a couple of books floating around, but they all seem to have poor reviews. Just looking to think through the main considerations from a structuring / business perspective when setting up a little vehicle with a couple family offices as LPs. Thanks!

6 Comments
 

Personally, been looking for a bound copy of Hedge Funds: Formation, Operation and Regulation by Stephanie R. Breslow, David J. Efron, et al. for years now. If you have access to libraries at H/S/W you might have access to a copy. My understanding is that it was a small print run. A few top law firms have books too but I haven't reviewed yet.
 

 
Most Helpful

Here's my book on starting a hedge fund:

Set up a DE LP, find 1-5 fnf to raise >$1mn, and then talk to booth bay / leucadia to get your first stake. 

Do it for a year and if you survive, hire a COO. Delegate them to bring on a well rated law firm to advise you on setup, because the structure is highly dependent upon the strategy and end investor you want to raise capital from. 

Use hedge fund week for reviews on top vendors/service providers. 

Leverage your booth bay / leucadia relationship to get sell side contacts, good starting primes are Jeffries/Cowen tier, but if you can get on track to $50mn+ then just go directly to goldman.

 

Ex enim fuga occaecati in. Dolor doloribus ut corrupti ad.

Unde blanditiis cumque velit et perferendis debitis non. Molestiae nesciunt quis officiis est. Ipsam rem non provident in iste perspiciatis. Culpa omnis sit et.

Dolore non velit neque. Deleniti esse occaecati repellendus natus sapiente quia.

Career Advancement Opportunities

October 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.0%
  • AQR Capital Management 97.0%
  • Citadel Investment Group 96.0%
  • Magnetar Capital 95.0%

Overall Employee Satisfaction

October 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 94.9%

Professional Growth Opportunities

October 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.0%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

October 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $355
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $193
  • Analysts (235) $177
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (276) $95
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”