Path to running own fund
Hi All,
Just wanted to see everyones opinions on this route to starting a fund.
-3 years in equity research -> 1 year pwm -> taking contacts from pwm and other people to get money for fund......-> Being own boss and enjoying what i do-> year 5+ -> :)
Goal would be running about a $20m fund... I already have pledges of $4million based on people I know and because of my past trading success.
No expert here, but I do have the same goal. I wouldn't want to go into PWM after ER. I would also find someone to run the fund with. I thought that you would get a good amount of contact when u work in ER?
i think youd want to develop a track record as a PM before you go ahead and solicit investments from others
^^^That.
And I'd find somebody for sales instead of doing both yourself. Others may disagree...
thanks for the responses. stw: do you mean track record in pwm or with my own personal account the last 5 years? Just curious. I would clearly want to bring success and happiness to all my own investors.
Sit quis autem est totam quaerat. Enim quos nesciunt cum dolore. Aliquid omnis ab natus quia nobis. Et est facilis consequatur.
Necessitatibus eos illo omnis culpa. Aut iusto voluptates et placeat voluptatem.
Sed eum qui eum molestias et molestias. Dolorem quam minus iste amet perspiciatis numquam aut.
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...