Exit opps from my own hedge fund?

I am an algorithmic trader from a big bank. 5 years ago I had the opportunity (some capital came my way) to start my own hedge fund. I took the plunge. I have a computer science background and run 100M in a quantitative strategy. I have had good performance until the past 2 quarters which have been flat.

If I am honest, I am tired of worrying about the performance of my strategies and the fickleness of my investors. I am also just not interested in finding new strategies; this is not laziness but just weariness/boredom from having done this for 10 years.

Now I am starting to think about exit opportunities from my own fund. I know this is a strange question, but where does one go from here?

 
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guy_incognito:

I am an algorithmic trader from a big bank. 5 years ago I had the opportunity (some capital came my way) to start my own hedge fund. I took the plunge. I have a computer science background and run 100M in a quantitative strategy. I have had good performance until the past 2 quarters which have been flat.

If I am honest, I am tired of worrying about the performance of my strategies and the fickleness of my investors. I am also just not interested in finding new strategies; this is not laziness but just weariness/boredom from having done this for 10 years.

Now I am starting to think about exit opportunities from my own fund. I know this is a strange question, but where does one go from here?

I think you need to figure out first what it is that really is wearing on you. Is it:

1) the grind of running your own small business (in which case you can run a book at a larger shop)

2) you’re exhausted by the risk-taking (in which case maybe you can move into a programming/quant type role with no direct PnL)

3) you want to do something different, in which case you should...do something different

Have you considered taking a decent (3-4 week) vacation as a first step?

 

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