Starting a fund outside the U.S.?

I'm currently in the position to join a 50/50 partner in starting an systematic futures trading fund, similar to a CTA.

A little Background:

I'm currently a VC/Growth Equity analyst and I really enjoy the position. Investing in new technology, industry research, modelling, etc. It's been a great experience, but since my last summer internship at a small quantitative AM shop I've been working with an experienced trader on his systematic trading algorithms. Obviously, I know little compared to his 30 years of experience, but he's been a mentor and I've worked to teach myself python and act as an execution trader as I automate the order execution.

We're at the point now where we're looking to establish a fund. We're working with a Maltese brokerage for the fund raising and administration. That process has been going well, but I'm 21 and have little experience dealing with something like this. My parents started a business when I was highschool and I took an active role in learning about the process of starting an LLC, but this is very different.

Overall, I'm looking forward to the opportunity and I'm leaning towards leaving PE/VC to pursue trading. I've always had a natural interest in working with the public markets, how the function, statistics, and the rest.

So my question is, has anyone here ever gone through a similar process? I'm wondering what, if anything, I should be looking out for to protect my own future. I understand it's a bit of a risk, I'm forgoing the opportunity to establish a stable career in high finance, but we have a good strategy with a good track record and fundraising is taken care of. If we do end up closing shop in a few years, am I going to be SOL when it comes to future employment?

As always, any/all advice is much appreciated.

Add comment

Start Discussion

2 Comments

WSO Monkey Bot

The Addict

O

5y

Hey Chef Yaboyardee, I'm here because nobody responded to this thread after a few days...maybe one of these resources will help you:

Hedge Fund Careers: Getting a Hedge Fund Job Out of Undergrad and Beyond is typically the clearest path to working at a hedge fund, it is not impossible to start working at ... getting a hedge fund job. You can start searching for internships as soon as the summer after freshman ... land the most coveted jobs on the buyside. HF Interview Course Here hedge
AMA- risk analyst at hedge fund with 5 years of experience. Ask me anything years at hedge fund- I was hired as an analyst in the risk group, run by a risk manager in his early 30s ... issues. Finally took the time to start a dummy account to post. Don't waste SB since it's ... Worked there for two years, got bored and transitioned to a 10B AUM multi-strategy hedge fund in ...
2017 Hedge Fund Report: 8 Key Takeaways The 2017 Hedge Fund Industry Report compiled by Wall Street Oasis (WSO) provides insight on ... based on 1,800+ user submissions from the hedge fund industry. The report includes data from 2015, 2016 ... and YTD 2017, with approximately 70% of the submissions coming from the United States. This dataset is ...
Top Hedge Funds: Analyst Compensation corresponding rank is below. The hedge funds are ordered by highest 3rd-year compound returns. This helps us ... from the article Our search starts with information provided by three major hedge fund databases: ... rankings. Looking to Break into the Hedge Fund World? Want to land at an elite hedge
Individual Hedge Fund or Personal Hedge Fund and I'll transfer it to my account in the United States. I am an individual investor and I buy ... 1.5 M would be more interesting to continue as individual investor or start a Hedge Fund. There are ... stocks, options (calls and puts) and have an average level of knowledge of the stock market. Mindful of ...
Top U.S. lawmaker sees hedge fund, dividend tax up (Reuters) before the mid terms. Will 35% taxes be the collective end of the Hedge Fund world for both the investors ... and the employees of the fund? Discuss... private equity hedge funds ... The long and short of it is, the Democrat who's been trying to tax HF
7 Figure Hedge Fund Salary- Myth or Reality? forget the bottom line of starting a hedge fund: to make money. If a hedge fund manager can afford to pay ... your own cooking. The case for startup hedge funds is different. When starting up, managers are ... Break into the Hedge Fund World? Want to land at an elite
Is it better to start in a BB Asset management Firm or Hedge Fund as a graduate? Goal is Hedge fund partner. it's harder to move up the chain if you start at the bottom of a hedge fund than if you start at a BB ... firm then transfer into a hedge fund. Is this true? In terms of training and career development is it ... better to start at a larger AM firm then make the move? Thank you for any advice given! ...
More suggestions...

Any pros willing to rescue this discussion? Shah23 vanillathunder MidtownParkAve

Hope that helps.

Reply

Quote

Report

Other

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Anonymous Monkey

Chimp

?

5y

Corrupti cupiditate impedit nisi inventore. Aliquid reprehenderit modi ut vel. Autem saepe aut perferendis unde voluptatem velit illo.

Consequatur nulla et dolorum aut officiis quidem soluta voluptas. Voluptatem delectus inventore velit est qui reprehenderit deserunt magni.

Harum numquam et dolor necessitatibus quas quas est. Quasi quae sit laboriosam mollitia sed non. Omnis blanditiis sint modi in. Dolor nobis nisi praesentium pariatur.

Reprehenderit recusandae magnam eum. Vel dolorem sunt vero fuga rerum. Hic iste voluptas odio eos. Excepturi facere quia illum dolor expedita corrupti similique. Mollitia perspiciatis rerum quod repellat sit asperiores consequatur.

+71	Top Long Only vs Small SM HF	HF	25	3h
+30	How to Know if HF L/S industry is for me? Wealth Management instead? Feel lost	HF	8	5h
+29	How to move from prop to MM for quant?	HF	6	1d
+29	Starting my career - small startup HF (under 300 mil AUM) vs. MM IB?	HF	5	2h
+26	Realistic HF Career Earnings	HF	27	5h
+23	Are Single Managers Just Not Hiring?	HF	7	3s
+22	Advice for Incoming Structured / Securitized Credit HF Analyst	HF	4	1d
+20	Analysts Launching Out of MM	HF	16	1d
+20	Career Trajectory for Data Scientists in HF	HF	6	1d
+18	Repairing relationship with PM	HF	10	6h

1	redever	99.2
2	Betsy Massar	99.0
3	Secyh62	99.0
4	BankonBanking	99.0
5	GameTheory	98.9
6	dosk17	98.9
7	kanon	98.9
8	CompBanker	98.9
9	numi	98.8
10	DrApeman	98.8

Starting a fund outside the U.S.?

See All Comments - 100% Free

Trending Content