Hi All, I have been a successful trader for a few years and am about to move offshore (for both lifestyle and tax reasons). Since I have been trading a number of people have asked me about managing money for them. I would now like to set something up but I am wondering what my best option is. This would be starting very small (about $1mm of friends and family money). What are my options? I am really just interested in keeping costs down and providing my friends and family some option to invest with me. I want the fund to be setup offshore (all my investors will be non-US residents). Any advice? Any ballpark on what setup costs will be an annual upkeep costs? Will admin become daunting for a one-man operation? Thanks very much.