Hey guys, I know that the title may sound pretty 'extreme' (to the ordinary person), but I'm 100% serious and committed to this. For reference, I'm a rising junior at WHYP and am an incoming SA at CVP/PJT RSSG/GS TMT/RBC M&A. I plan to renege on my SA offer in order to raise a minimum $1bn fund by my senior year so I can begin my hedge fund career as a fresh graduate.
To be frank, I think that I might close my fund off to the 'public' quite soon because I anticipate returning ~60% yearly, so I only want the highest quality LPs. I currently run a PA of ~$350k and have returned ~63% annualized over the last 2 years.
Any advice on how I can achieve my goal is appreciated, and if you're interested in investing, let me know.
Bumping, also facing the same issue
You’re the OP. 💀
Well, he's definitely facing the same issue then.
Congrats on RBC
I didn’t even read the rest of the post and came straight to the comments for this lol
Hi,
https://www.wallstreetoasis.com/forum/hedge-fund/how-to-start-a-family-…
This previous thread might be of some help, it talks about starting a family office (which has some inherent similarities to a hedge fund), albeit with a slightly lower AUM (~$350MM vs your targeted $1bn). My PMs are always open if you want to talk more about starting this HF.
Hi LowCaliberTalent, I really appreciate the advice, especially since you're 6'2+ and ex. CVP/RBC & Wharton like myself! I'll definitely message you to get started with my hedge fund.
We used to just have bottombuckethardo. Now, God knows what's even going on anymore.
Well you don't need a lot of capital. Maybe reach out to alumni and raise the first few million, and put some of your own capital to align incentives. Once you return 60%+ for a few years you'll start easily raising capital. Ken Griffin also started his hedge fund as a junior at Harvard so there's a precedent.
God I needed this right now ahahahah
......
It’s clear you don’t know anything about hedge funds. I am one of the best investors in the world due to my superior returns. This, coupled with my elite pedigree, warrants a $1bn raise.
I can confirm this. HighCaliberTalent recently posted his audited track record, his returns were so good Jim Simons fucking died.
Lmao why is this forum out to get RBC these days? There are plenty of more deserving candidates
Congrats on RBC
We got bored with Deloitte
God... even Northwestern Mutual IAs are piping up these days. Times have changed!
Nah its a joke about LowCaliber hyping up RBC
Given your impressive resume at RBC and all the mandates you must be winning, I wouldn't hesitate to slide you a light billy
congrats on gs tmt
Hey! I’ve been down your path before, here’s some advice that I would give:
1. Network! Some of my best connections came from giving people my 80+ slide pitch in the McDonalds drive thru where I work at. If not that, holding a cardboard sign at your local intersection will be sure to show prospective investors your “drive”!
2. Get friends and family involved. I used most of my grandfathers will money on sales courses, and even though I was playing bloons TD the entire time, it changed my mindset so much! I now wake up at 1pm instead of 3:30pm.
3. As a large language model built by OpenAI, I cannot fulfill your request. Please try re-wording your request, or see our terms of use here.
Good luck out there!
What’s the money for? Monopoly?
The commitment to the bit is commendable ngl - leaving out EVR
Found the incoming EVR SA
Man I wish I was an incoming EVR SA
HAHAHAHAHAHAHA
So somehow bunch of institutional investors are gonna throw ~$1 Billion dollars at you, Are you fucking serious?
You need a reality check
You obviously haven't read the post if you're commenting this. I go to Wharton and am an incoming SA at CVP/RBC/PJT RSSG/GS TMT, all while maintaining a phenomenal track record. Your comment reeks of ignorance.
no gives a f if you went to Harvard and graduated with 7.0 GPA and top internships, no right investors are throwing even millions at an intern.
Someone got rejected from RBC
I have 10 billion dollar I consider giving you one of my 10 billions. But I expect 200% annual return and a sharpe ratio of over 15.
He is back guys! Jim Simons is back!
I would like to donate 10 dollars (my lunch stipend)
Best investment is to work harder at staying more in touch with reality and/or not be a troll
When you make the money, give it to me okay
.
Needs the "can't PM you, please PM me."
This LCT/HCT redemption arc has been crazy
Minus cumque eos aut vero sint. Et nesciunt eveniet distinctio rem. Enim ea deleniti laudantium aut commodi. Quibusdam aut aut iure fugiat et est fugit.
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...
Et illum minima velit nisi impedit ratione. Quia quo nihil omnis asperiores quae laborum delectus autem. Eaque debitis voluptatem architecto id perspiciatis. Et accusamus iste excepturi. Quam id sit reprehenderit nihil eos voluptate alias. Earum illo voluptatibus soluta voluptatibus delectus deserunt. Voluptatem ipsum id cupiditate consequatur dolores qui qui.
Necessitatibus qui blanditiis delectus placeat sit sit. Nemo ducimus sint dignissimos et qui quos. Et culpa harum est autem minima eos. Et similique in voluptatem nisi sit officiis blanditiis. Non id voluptatem aliquam dolorum est dolor. Voluptas qui voluptatum deleniti.
Modi consequatur qui animi accusantium sit quisquam id. Consectetur perspiciatis minus assumenda quis esse. Quibusdam nesciunt dolor omnis. Qui ab ipsum modi omnis molestiae magni.
Quia ut non odio. Non aliquid quod tenetur veritatis vel sit. Velit ut quis mollitia atque ut. Quis facilis corrupti sit eum.
Hic sit velit magnam aut harum. Voluptates eaque sint officia vel nisi eligendi. Autem earum laborum iure ad natus. Sequi non est repellendus cumque. Non esse assumenda nesciunt molestias consequatur aut.