How do I start my own investment fund?

I want to start my own investment fund. I'll probably pool my and my family's money.

But I have no idea how to start one and what the logistics are. I don't even know what legal structure (PE vs HF or RIA?) I need to incorporate this under.

Where do I even start?


For context, below is a description.

I'd like to mostly focus on 3 areas - 1) investing in secondaries of start-ups and, 2) buying governance tokens of crypto start-ups like FTX, 3), public market assets

I mostly have a value driven investment thesis with a 5-10 year horizon. I want to this because I see opportunities in select companies I've been paying attention to.

EDIT: I've already been "softly" managing my family's money for couple years and the portfolio's been doing well enough where they're okay with me trying out new investment theses. But there are some asset categories I can't easily access without accredition status. It seems fishy to use my parent's accrediting status so thought it might make sense to incorporate and make it official.

 

Sounds like two entities really:

1) Crypto-VC, which would take a variety of legal forms depending on how watertight you want to be about it.

2) Typical RIA on public equities. A firm is NEVER an RIA. The RIA is YOU. You take your series exam and get it hooked up on the regulatory side. $20-30K can likely get you there.

It’s a tough life gathering assets for a lot of market entrants, but if you want it and think you can, go for it.

 

There used to be a lot more comments on this thread and I commented as well and now it disappeared.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Uhhh ok I guess I’ll post again:

What is your background / investment experience? What is your Sharpe ratio? Are you good at this shit or are you just starting out? 

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

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Quant (ˈkwänt) n: An expert, someone who knows more and more about less and less until they know everything about nothing.

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