A friend of mine who works for a hedge fund incubator in London, they currently have around $500 mil AUM. They can set you up with compliance and all the tools needed, they have a in house accounting team, lawyers and so on. They provide you with the right contracts.
But its not like you going to start getting investors straight away. They are like a seeding platform that will groom you for about 2-3 years before seeding in exchange for a part of the business. You can still have investors but they will most likely be a close friend.
The minimums AUM required are not as much, somewhere around $100k. But the main purpose is for you to build your brand and network hard. more info kasfx@outlook .com
JP Morgan, BlackRock are well known to house alot of hedge funds but they have higher requirements. People who are serious and done there research will understand most methods of structuring a fund.
I might forget to mention some smaller details like monthly costs for regulation and desk fee, but there really small. You need to have a prospectus and all the usual documents. I have seen some serious people on this forum that want to pursue a career in this industry.
Gold
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