Youngest people you’ve seen start funds?
Just curious. I know a kid out of undergrad who manages like $5m (professors mostly, family is poor). Hayden Capital is another one, pretty sure the founder started that when he was in his mid 20’s.
leo aschenbrenner. 23, runs close to $2bn
You're lying to me.
Wrote this "Situational Awareness" paper about AI on his way out of OpenAI.
Bay Area tech ppl (incl. the Stripe guy and others) wrote him a massive check to go giga-long AI beneficiaries.
Connor Haley started Alta Fox ~4 years after he graduated
Nothing like college kids being impressed at someone running a $5M “fund” lol. My parents and in-laws prob have combined retirement assets of around $5M, guess I can say I’m a CIO/PM too if I ran their IRAs/401ks. $5M is not a fund; that’s just someone trading their PA.
$5m is a great amount to start with!! Plenty of funds start with very little capital. I'd kill to have another $5m to manage at my fund. 1-2% on $5m is $50-100k in base fees, add performance on to that and that could be $150ish!
No, plenty of funds 30+ years ago started with very little capital. The market is a completely different universe now.
Santiago Santos just started Inversion Capital and is pretty cracked
That's a private equity firm. We don't respect them under this HF sub.
Lol I can't lie this made me lol hard
Khrom started fund at 22 now runs a $1bn+ book
Hamza was 31 when he started Arini. Manages c.$9bn now (4 years later....). Pretty mental for Europe for sure and especially how quickly scaled (does include a bunch of CLO AUM)
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