Starting Hedge Fund / Investment Company etc.
Hello , I was looking to start something like a hedge fund , but not a hedge fund because the costs to do so are quite high. Initially I am able to raise 300k -1M so hedge fund probably isn't the best way to do it. Is there a way we can go about this through an LLC or something of that nature? We want to do active investing and do a 2% management fee with a 20-25% performance fee over some hurdle rate , also wanted to add in random stuff like if we make over 50% we get 30% over some whatever. But wanted some input.
We won't have over 100 investors obviously , but main problem right now is figuring out legal structure of all this.
Legal is too expensive to justify it along with one time compliance/accounting etc...
Why not leverage yourself and trade?
I already do trade myself have been doing well over many years and now people want to give me plenty of money . I can raise a lot (for my age) , but starting off we have range of 500k-1M commitments early on. People want to give me money so hard to just turn it down you know what I mean especially since I believe in my ability and can help them and not to mention everyone around me is telling me to do something like this rather than a regular portfolio management job haha.
Any idea on costs and how I could go about this?
I can help. I already have a HF setup.
How may I contact you?
depends on what products are you are trading, and what the strategy is like. Equity long/short has different needs from options, futures, swaps, bonds, FX, etc...as well as holding time and execution costs. Are you actively day-trading...or are you holding positions for longer periods of time?
For example, you could run separately managed accounts at interactive brokers (need to research the legalities, but should be very cheap). This is not ideal, but might be a good place to start.
just start a subscription service and teach others to be millionaires based on your expert trades!
Lol hell no I hate those type of people , those folks aren't millionares themselves but try to give out signals lol.
That was a joke
Ask a fund administrator what the costs will be, but not the time to be coming up with a custom fee structure until you're doing your own compliance.
Temporibus provident est alias officiis et reiciendis. Et blanditiis vel quo libero cum doloribus necessitatibus. Et maiores vero qui maiores aperiam sed.
Dolore inventore et quae quia iste tempora aut. Voluptatibus hic qui occaecati possimus quam occaecati est. Corporis recusandae id ex quasi eum autem.
Nihil natus minima sunt doloremque deserunt. Suscipit perspiciatis expedita ab aliquam voluptas accusantium distinctio. Voluptatem aut amet autem enim molestiae sint asperiores. Debitis qui debitis ex quis vitae corporis. Voluptatibus facere similique ad ut.
Temporibus unde ab molestias quae voluptas sint sit. Suscipit est in veniam incidunt qui ullam. Et nobis culpa numquam nulla unde. Harum eaque eos excepturi et porro. Laboriosam nulla esse quasi officiis cupiditate suscipit sit. Veritatis doloribus dignissimos aut. Minima recusandae odio nulla.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...