Starting a LMM PE Fund
Hello everybody. Was curious if someone could go into detail on the logistics of starting a LMM PE fund. I understand that raising capital is the most important part. But how much much personal capital do you need up front to hire staff/rent office space for say a $250M fund? Are you paying staff out of pocket? Would love any and all insight on this.
I’d start with getting a return offer 😗
Lol thanks big dawg. Kill me for trying to understand how funds are started
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