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.

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3 Comments

PE

Associate 2 in PE - LBOs

1y

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I’d start with getting a return offer 😗

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Authored by: Certified Private Equity Professional - 3rd+ Year AssociateCertified Private Equity Pro

IB

Intern in IB - Gen

1y

Lol thanks big dawg. Kill me for trying to understand how funds are started

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Starting a LMM PE Fund

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