I'm trying to fundraise for a HF. One group has responded back, asking for additional information to be provided in terms of 'gross returns' and 'net returns'. That's fine. I have no issue with this.
Overall, the portfolio of 61 investments since the Vintage Month/Year of September 2021 experienced slightly over a 70% loss. The question I have is from a fund accounting perspective, Hedge Funds view a particular deal from the lens of a transaction.
If Coinbase had 3 separate investments and 1 generated a return and 2 generated losses, the roll-up doesn't go into Coinbase as a deal. The roll-up goes to the cumalative portfolio.
To respond to this organization, to further evaluate the investment process, should I send across a transaction list with the gross and net returns for each transaction, or follow the method of categorizing a deal as a Company or ETF that was invested in, list out all the transactions for that Company and ETF and the individual gross returns & net returns for each transaction, followed by a summary for the entire portfolio?
My current thoughts are while the presentation would look organized to have a 'deal' categorized by Company with transactions listed underneath, the individual transactions themselves are whats important and I should be able to send a list across without all the transactions being accounted for under a company.
How have others within HFs done with when reporting to LPs on performance?
Bump. This is the stuff I want to see on this forum, grabbing my popcorn and coke while waiting for replies.
Is this a troll post? Raising a fund with 70% losses?
Lmfaoooo. He glossed over it like it was nothing. 🍿🍿🍿
Am i too stupid to understand this question? As a follow up, why did the LP want to hear more after you told them the return has been -70%? As a second follow up, how the hell do you sell an investment product when the returns are that bad?
Nostrum in ab deleniti alias itaque. Et officiis sed quam corporis. Molestias non dolores quia illo molestiae.
Sint numquam ut quas odit rerum iusto doloremque. Quaerat ratione non cumque ut esse sit. At eveniet quia laborum.
Voluptatem consectetur id nostrum enim illum. Neque ipsam temporibus dolor quod nisi sint et dolore. Assumenda et quia aut ipsa sit excepturi dolorem. Quia repellendus et voluptatibus voluptatum illum totam.
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...