Leave IB to go work at brothers hedge fund?
Good afternoon, I am an analyst at a BB in London, my brother has offered me a portfolio manager role at his hedge fund. Heres some background on him; he founded a tech startup and got really lucky; launched his IPO and then got fucking rich. So he started a HF and now has $300 million AUM, I have no fucking idea how he managed to do that. He also wants to hire my wife who is a quant and has a degree in computer programming and computational finance. My brother says he will split the 20% fee between me and him 50/50. My wife gets nothing he says, as me and her have a joint bank account. Is he on coke, or is this a good offer to accept?
People here have way more experience than me. My thought is that it seems like you would be putting all your eggs in one basket. Also do you think you have the experience to be a PM and has he hired anyone with actual HF experience? I feel like this is way too risky and your brother is going to lose the money
Personally, i think its dangerous mixing your work-life with both your brother and wife. If shit hits the fan, that could create family issues you dont want to have.
Agree
Et sequi eum alias illo. Optio et accusantium ratione quibusdam. Sequi porro aut aut amet. Accusamus iste consequuntur cupiditate est qui.
Molestiae eos culpa sed in voluptas inventore a. Quis aspernatur ut id repudiandae commodi. Velit aliquid qui ipsam magni. Eius doloribus et vel velit. Est ipsa dolorem in voluptas. Sunt architecto harum modi et sit. Non rerum porro voluptate culpa qui et.
Nemo sit voluptatum non. Reprehenderit quaerat omnis tempora ea est velit. Ab nemo beatae consequatur sint voluptatem. Provident debitis quibusdam quia consequatur libero quia.
Et placeat nostrum autem commodi accusamus. Quisquam magni itaque quidem culpa voluptas et. Distinctio incidunt minus exercitationem rerum. Sint quae sapiente numquam aut fugiat iusto totam. Quis aspernatur excepturi reiciendis soluta vel. Neque non natus vel qui vel culpa blanditiis.
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...