Selling my Hedge Fund, input needed.

xWallStreet's picture
Rank: Monkey | 56

Hi,
I setup an Investment management firm March 2017. Setup a few brokerage accounts and got regulatory approvals and stuff.
But later decided to not pursue with the fund.
I am now looking to sell my LLC and the contact lists of investors and fund backers along with the plans for setting up the fund.
I would really appreciate inputs from experienced people.
I valued it at around $40k.

Comments (25)

Most Helpful
Mar 4, 2019

Are you not the same clown that came on this forum less than 6 months ago asking almost word-for-word the exact same thing you just asked? I'll just re-post what I posted last time: This isn't the right place - there's no selling of hedge funds here.

And you "valued it" wrong, because it's worth closer to $0. A $300 LLC formation, 30 minute consultation on legal zoom and an excel file with some names in it isn't worth $40k.

    • 10
Mar 4, 2019

Thanks

    • 14
Mar 4, 2019

Can you give bananas?

    • 8
Mar 4, 2019
xWallStreet:

Hi,
I setup an Investment management firm March 2017. Setup a few brokerage accounts and got regulatory approvals and stuff.
But later decided to not pursue with the fund.
I am now looking to sell my LLC and the contact lists of investors and fund backers along with the plans for setting up the fund.
I would really appreciate inputs from experienced people.
I valued it at around $40k.

please walk me through your valuation

    • 2
Mar 4, 2019

you discount the cash flows bro

    • 1
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Mar 4, 2019

It costs around $30000 to set it up professionally.

    • 6
Mar 4, 2019

Lol

I'll buy it...

$3.50 best I can do

Mar 4, 2019
FinancelsWacc:

Lol

I'll buy it...

$3.50 best I can do

Okay you're done

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814 questions across 165 hedge funds. 10+ Sample Pitches (Short and Long) with Template Files. The WSO Hedge Fund Interview Prep Course has everything you'll ever need to land the most coveted jobs on the buyside. Learn more.

Mar 4, 2019

I'm tree fiddy bid

Mar 4, 2019

If someone took it off your hands for free, they'd be doing you a favor, so you wouldn't have to shut it down.

How much did you spend in legal fees to set this up?

Mar 4, 2019

Around $30000, I got it done professionally.

    • 2
Mar 4, 2019

Also, Thanks for holding on to your sanity, unlike others..

    • 3
Mar 4, 2019

Are you the real Fuld from Lehman? hehe.

Mar 4, 2019

A gentleman has offered to find a buyer for the LLC.

    • 3
Mar 4, 2019

Great help for me.

    • 4
Mar 13, 2019
Comment

just google it...you're welcome

    • 2