Read getting the best of it by david sklansky, focus only on the first 85 pages on the odds.
BE CAREFUL hiring a person to strictly raise assets. It is my understanding the person's job title, responsibilities and compensation must be...
I would be happy to share a name and contact person @ the firm. Just PM me.
The world of fundraising money is both hard and filled with a great deal of rules. I would suggest that anyone looking to start a fund retain a...
Ed, I am not sure about the no mgt fee arrangement. My guess would be it is a hard sell to the TPM, because they are guaranteed no money. I...
Avid, The deal with a 3TPM varies from person to person. They usually charge more for a smaller shop (they know the extra funds are worth alot...
It is nice to see a CTA/HF thread last on the site w/out a prop guy posting the anti-fund rant. The TPM guys can be very helpful or hurtful,...
Sorry, maybe I was not clear; I meant 5% of our 20% performance fee, so w/ 20% return on 20 million, the fund gets 800k, so he would get 40k....
he wants us to make him an offer, we can live with 5%, but no more.
I am in the process of launching a new fund. Since the beginning of the process my partner and I have leaned heavily on a business school...
Banc of America looks for accounts of 10 million. They will make exceptions (say you have 7 with a real prospect of getting to 10 quickly). It...
I am in the process of starting a small HF, most of the large bank prime brokers will not be interested in working with you until you reach about...
the continuing ed portion of the test is impossible to study for; you just read the paragraphs and then answer questions. The only way to fail is...
How is a drawdown calculated? Is it the same as taking your STD Deviation * 2.33? I see this talked about all the time, but coming from a...
Separate names with a comma.