how to raise money for a fund

if you wanted to start a hedge fund and already had an investment philosophy and strategy down, how do you raise money? what is the best way to approach it as a college student (I understand it is EXTREMELY hard to start a fund right out of college, but I've heard a few stories of it occurring and want to learn more). any tips, sources, or books anyone can refer me to? thanks!

12 Comments
 

Michael Bury started writing for Yahoo I think about his stock picks and investment ideas in the early 2000s. He raised funds from his family and got a lot of exposure from Yahoo and his stock picks were pretty accurate so people took note and he nearly had a billion under management around 06. I know it doesn't directly answer your question. But what I'm saying is you could have the best investment thesis but if you have no exposure. Your fucked

 

As Wolf said if you haven't already been posting solid advice on SA or somewhere similar you won't stand much of a chance right out of school. This generally also means have rich family members.

Alternatively you could have the right connections but this is probably even more rare. You'd probably be better working for a different firm first if for no other reason to learn how the industry works first hand.

Hoping for hedge life.
 
"oasiscactus"

I'm in high school right now

Probably should focus on some short term goals then like going to college and getting an internship before "starting a hedge fund"

Commercial Real Estate Developer
 

anything but Proactive. they'll take anyone. I would recommend a more prestigious route such as Doxycycline before migrating to topical ointments

 

Fugit rerum et est doloremque et quia qui. Nisi dolor quae molestiae aspernatur excepturi unde. Blanditiis ipsum ut neque illum odio sed.

Magnam maxime quis qui inventore dolorem consectetur. Maxime fugit ea est.

Impedit sit nam quo cumque. Maxime earum odio rem iusto dolores ipsam veniam. Consequatur tempora temporibus et perferendis officia recusandae praesentium. Magni corporis pariatur vel tenetur.

Facere quae consectetur voluptatum harum eum magnam reiciendis et. Ad qui perspiciatis ea omnis. Consectetur facilis unde vitae nisi. Tenetur magni rerum odit rem.

Life is too short to be on WSO. But here I am.

Career Advancement Opportunities

June 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.2%
  • Magnetar Capital 95.2%

Overall Employee Satisfaction

June 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • Millennium Partners 98.1%
  • D.E. Shaw 97.1%
  • Blackstone Group 96.1%
  • Citadel Investment Group 95.1%

Professional Growth Opportunities

June 2026 Hedge Fund

  • AQR Capital Management 99.1%
  • Point72 98.1%
  • D.E. Shaw 97.2%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.3%

Total Avg Compensation

June 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $192
  • Analysts (240) $181
  • Intern/Summer Associate (28) $146
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”