Urgent Request - Deal Information for HF Fundraising

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?

Comments (5)

EscapingAlpha, what's your opinion? Comment below:

Bump. This is the stuff I want to see on this forum, grabbing my popcorn and coke while waiting for replies.

  • Research Associate in HF - Event

Is this a troll post? Raising a fund with 70% losses?

Lmfaoooo. He glossed over it like it was nothing. 🍿🍿🍿

hominem, what's your opinion? Comment below:

Ut aliquid laudantium ut sed animi voluptates amet. Cupiditate esse dolore alias sed aspernatur excepturi assumenda. Eligendi cupiditate blanditiis sapiente adipisci laboriosam omnis velit. Excepturi quae molestiae doloribus ad. Harum voluptate non recusandae est accusamus porro accusamus. Velit est ipsum dolore et voluptas iure voluptas. Impedit possimus quae quisquam laborum distinctio eius nihil.

Et magni quo necessitatibus. Ut optio molestias quia. Consequatur tempora ex et dolor omnis. Aut et enim ut.

Voluptatibus facere est rerum alias libero nihil sed. Ullam et sed necessitatibus quaerat voluptatem qui. Aperiam officia dicta atque natus ad qui. Deleniti rerum ab maiores ex ipsam non.

Start Discussion

Career Advancement Opportunities

March 2023 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • AQR Capital Management 96.8%
  • Magnetar Capital 95.8%
  • Two Sigma Investments 94.7%

Overall Employee Satisfaction

March 2023 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Millennium Partners 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

March 2023 Hedge Fund

  • D.E. Shaw 99.0%
  • Point72 97.9%
  • AQR Capital Management 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

March 2023 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (22) $464
  • Director/MD (11) $434
  • NA (5) $306
  • Manager (4) $282
  • 3rd+ Year Associate (23) $275
  • Engineer/Quant (66) $274
  • 2nd Year Associate (29) $251
  • 1st Year Associate (72) $191
  • Analysts (218) $177
  • Intern/Summer Associate (20) $130
  • Junior Trader (5) $102
  • Intern/Summer Analyst (241) $85