Certified Hedge Fund Professional (CHP) Program Opens in 24 Hours

CHP Program Opens in 24 Hours

This is a reminder blog post that the Certified Hedge Fund Professional (CHP) Designation Program opens for registration in 24 hours on Thursday July 1st, 2010 at 2PM EST.

This program is the #1 most popular and widely recognized certification program created exclusively for hedge fund professionals. This program may be completed 100% online within 6-12 months and includes over 70 educational videos, a hedge fund marketing guide, career workbook, career coaching, educational webinars.

Within this session we will be accepting 300 new members into the program and registration will close immediately after these 300 slots have been filled.

We recently gave our CHP website an upgrade with new graphics, test statistics, job placement services, participation figures,and a history of the CHP Program.

To check these out please visit the following links:

+ http://HedgeFundCertification.com
+ http://hedgefundcertification.com/History-Of-CHP-Designation.html
+ http://hedgefundcertification.com/Quotes.html
+ http://hedgefundcertification.com/Hedge-Fund-Jobs.html
+ http://hedgefundcertification.com/FAQ.html

Hope to see you within the program tomorrow at 2PM EST.

- Richard

Richard Wilson
Hedge Fund Group
http://HedgeFundCertification.com

p.s. See what over 100 others are saying about the program here: http://hedgefundcertification.com/Quotes.html

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Tags: CHP Designation Program Registration, Fall session of CHP Designation Program, online hedge fund certification program

Hedge Funds May 2010

May 2010 Hedge Fund Performance & Investor Allocation

The latest hedge fund performance and investor allocation data for May 2010 show that last month indeed was a tough one for hedge funds. The Hedge Fund Aggregate Index was down but did not fall as hard as the S&P 500. Total hedge fund assets fell almost 3% in May.

The HFN Hedge Fund Aggregate Index was -2.86% in May 2010 and +0.89% year-to-date (YTD). The S&P 500 Total Return Index (S&P) was -7.99% in May and -1.51% YTD.
Total industry assets fell an estimated -2.82% to $2.234 trillion in May. Despite performance based asset reductions, net investor flows were positive for the fifth month in a row.
Performance accounted for $66.87 billion of the decrease and investor allocations accounted for a net inflow of $2.13 billion. Net inflows were the lowest since January and the second month in a row of slower rates of increase.
The core rate of growth (% asset change due to investor allocations/redemptions) was an increase of 0.09%, the second slowest rate of increase since HFN began tracking asset flow data in Q4 2003.Source

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Tags: hedge funds, may 2010, hedge funds in May, hedge funds returns, hedge funds performance, investor allocation, hedge funds losses

European Union Hedge Fund Talks

E.U. Hedge Fund Talks

European Union Hedge Fund Talks Break Down

Negotiations between the European Union and national governments over hedge fund regulation has broken down. Last week, the Spanish presidency of the E.U. conceded that no rules would be made in June and the countries' leaders left for the G20 summit in Toronto without finishing talks on hedge funds.

The German Chancellor Angela Merkel and French President Nicolas Sarkozy want to champion Europe as a model for ambitious regulation, but an impasse over hedge funds and watchdogs means the European Union is struggling to draft laws, while President Barack Obama is expected to sign off on new rules to regulate finance within weeks.

At the heart of the disagreement is a passport or license for foreign hedge funds to do business throughout Europe. Lawmakers want to block the entry of foreign funds that fail to qualify for a license because they do not meet European Union standards on transparency, bonuses and the use of debt.

But Britain, home to nearly all European hedge funds, wants to give funds that fail the European Union passport test a second chance by letting them apply for a license to operate in individual countries. Criticism also has come from the United States, which has warned that the measures could be discriminatory. Source

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Tags: European Union Hedge Fund Talks, hedge funds, hedge fund regulation, talks, negotiations, regulation, license

Q1 Hedge Fund Outflows

Hedge Fund Outflows Total $11 Billion in Q1 2010

Hedge funds recorded heavy outflows in the first quarter of 2010. Investors pulled out $11 billion, mainly from smaller hedge funds. The negative net flows for the first quarter of this year eroded the last quarter of 2009 inflows of $7.5 billion.

According to the report, Q1 2010 marked a polarization of money flows across hedge funds, with larger funds tending to post relatively larger and positive money flows, while smaller funds recorded relatively smaller and negative outflows.

On a four-quarter rolling-period basis, net money outflows from hedge funds amounted to $55.45 billion—an amount accounting for more than 15% of the sum of all negative quarterly money flows to the industry since first quarter 1994.

Despite the Q1 net outflows, global hedge fund assets are estimated to have increased quarter on quarter—from $1.34 trillion at the end of December 2009 to $1.39 trillion at the end of March 2010.

The bulk of net outflows in the first quarter were concentrated in strategies such as equity market-neutral, event-driven, managed futures, and multi-strategies.

Cumulative net inflows for the first quarter accounted for 0.91% of the beginning-of-quarter assets (it was 0.64% for the fourth quarter). Source

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Tags: Q1 Hedge Fund Outflows, Hedge Fund Outflows, Hedge funds inflows, hedge funds, investors, capital

New York State Tax

New York State May Tax Out of State Hedge Fund Managers

New York state is considering a take hike on out of state hedge fund managers. Many hedge fund managers work in New York state but live elsewhere, and New York is trying to take advantage of this to raise $50 million taxing carried interest.

A spokesman for Democratic Assembly Speaker Sheldon Silver said by telephone on Monday that it means hedge fund managers would be treated the same way as other commuters.

Congress also has considered taxing carried interest -- profits gleaned by managing assets -- at ordinary income rates -- much to the dismay of hedge fund and private equity titans.
But last week, the federal proposal collapsed with a bill extending unemployment benefits. So for the moment, investment managers still pay only the 15 percent federal capital gains tax on their profits.

Democratic Governor David Paterson and New York lawmakers have balked at broad-based tax hikes after last year, when the top state income tax was raised to 8.97 percent for people whose annual earnings top $500,000.

Making hedge fund managers pay the state income tax is one of several options the Legislature devised after rejecting several of Paterson's proposed revenue-raisers, from letting grocers sell wine to raising tuition at public universities. Source

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Tags: New York State Tax, New York State Hedge Fund Tax, New York City hedge fund tax, hedge fund taxes, New York government, hedge funds regulation

The Answers to Your Hedge Fund Questions

Our Hedge Fund Websites

During our recent Hedge Fund FAQ webinar the most frequent questions were about how to start a hedge fund, how to complete our CHP Designation Program, and how to raise capital either for a project or hedge fund.

We also got a few requests for a list of the hedge fund and alternative investment blogs we now run in the industry, here is the list of sites we run that provide 100% free advice and content each week.

I hope this helps, thanks for visiting our website and stay tuned for two new blogs we are launching next quarter.

Related to: Our hedge fund website

Tags: investment blogs, alternative investment blogs, hedge fund blogs, largest hedge fund blog, oldest hedge fund blogs, most popular blogs on hedge fund, hedge fund manager blogs

Naked Short Club

London's Hedge Fund Radio Show, the Naked Short Club

Hedge fund managers in the UK have made appearances on the Naked Short Club, a hedge fund radio show in London. The show is hosted by "Dr. Stu," who says he works in the hedge fund industry. Dr. Stu interviews managers, talks about the latest hedge fund gossip and makes jokes between playing psychadelic rock songs from bands like the Stooges.

The show is mostly comedy with the host recently taking aim at German Chancellor Angela Merkel for her ban of short selling and convicted fraudster Bernie Madoff. But the Naked Short Club also provides listeners with interesting interviews with hedge fund traders. For example, three managers discussed the May 6th stock market crash and immediate recovery. The show can be heard Monday evenings at 9 BST at 104.4 FM in central London or worldwide via http://www.resonancefm.com.

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Tags: Naked Short Club, Naked Short Club hedge funds, hedge fund radio show, Dr. Stu, Dr. Stu Naked Short Club

Swiss Hedge Fund Manager

Swiss Hedge Fund Firm Fires Manager After Big Losses

SwissDirekt, a Swiss hedge fund firm, has decided to fire its chief trader and fund manager after a very dismal performance. Willen Van der Vorm has struggled with his High Risk Fund over the last couple years losing an incredible 82% in 2008 and losing 9% in the first four months of 2010.

SwissDirekt has parted ways with Willen Van der Vorm, its chief trader and manager of its High Risk Fund. The vehicle has certainly lived up to its name in recent years, losing an eye-popping 82% in 2008 and shedding 9% this year through April, when Van der Vorm was relieved.

The firm told Reuters that it wasn’t only the losses posted by Van der Vorm, but how they were made.

Van der Vorm “had a trading approach that was against the company’s ideas of how the fund has to be traded,” CEO Thomas Kuhn said. “We had strict guidelines and he overruled them three times. It was lack of discipline.”

Van der Vorm has been replaced at the €400,000 fund—which once managed €1.8 million—by algorithmic trader Francis Everington and former LIFFE trader Jerry Slager. Source

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Tags: Swiss Hedge Fund Manager, Swiss Hedge Funds, Switzerland Hedge Funds, hedge funds in switzerland, SwissDirekt, Willen Van der Vorm

Private Equity Directory: Excel-Based Contact Details Directory of Private Equity Firms

Private Equity Directory

Directory List of Private Equity Firms

Part of our team runs the largest private equity networking association in the industry and they just finished updating Version 2.1 of our Private Equity Directory. This resource was created after our team received dozens of emails from industry professionals looking for lists of private equity firms, digital family office databases, and excel-based family office directories.

This Private Equity Directory is Excel-based and provides full contact details of private equity firms including the following information:

Contact names
Job titles
Phone numbers
Email addresses
Physical addresses
Website URLs.

If you are interested in learning more about this resource, getting a sample of our private equity directory or contacting the creators please see Private Equity Directory.com. You may also navigate this same site by following one of the links below:

This directory is updated twice a year and when you purchase a copy of it you will get free updates to it for a period of 12 months after your purchase.

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2.25 Hour Webinar Completed

2.25 Hour Hedge Fund Webinar

Yesterday our webinar went great, we filled up the 1,000 participant slots and we had so many questions coming in that the 1 hour webinar got stretched out to 2.25 hours.

We will be uploading this video to Hedge Fund Premium within the next few weeks. The Hedge Fund Premium video platform is free for all CHP Designation Participants.

It was obvious while completing this webinar that there is a need for some more specific Hedge Fund FAQ webinars in the future on Hedge Fund Startup Questions, Hedge Fund Marketing Questions, Hedge Fund Career Questions, and Hedge Fund Certification Questions.

We will put out another announcement soon as to when these will be scheduled. Thank you for everyone who attended and enjoy your weekend.

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Tags: Hedge Fund Career WEbinar, Hedge Fund Tax Webinar, Hedge Fund Marketing Webinar, Hedge Fund Training Webinar

Barney Frank Hedge Funds

Barney Frank: Hedge Funds, Banks to Pay $19 Billion

Hedge funds are facing increasing regulation around the world and increasing costs to comply with new laws and demands. House Financial Services Committee Chairman Barney Frank has estimated that hedge funds and banks may have to pay as much as $19 billion spread over several years. Many politicians are facing pressure to lower the deficit and the charges to hedge funds and banks are intended to offset any increase to the deficit by the financial reform.

U.S. lawmakers plan to collect roughly $19 billion from the nation’s largest financial institutions to pay for the cost of financial overhaul legislation, a top House Democrat said Thursday evening.

Rep. Barney Frank (D., Mass.) told reporters during a break in negotiations that the cost would likely be spread out over several years. The fee would offset any increase in the deficit caused by the legislation, which would create a broad new regulatory regime to address shortfalls laid bare by the recent financial crisis. Source

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Tags: Barney Frank Hedge Funds, Barney Frank Hedge Funds regulation, legislation, Massachusetts senator Barney Frank, costs

Hedge Fund Friends

The best way through which professionals hear about HedgeFundBlogger.com is through their friends, over lunch, via email, or at an event of some type. Right now we have 68,000 email and RSS subscribers and we are trying to make a push to get over 70,000 in July.

If you have benefited from the free capital raising advice, career advice, startup advice, videos, webinars or industry analysis put out by HedgeFundBlogger.com it would be a huge help for us if you could email 4 of your friends and tell them about our website. Here are links to some of our most popular resources:

http://richard-wilson.blogspot.com/2008/03/hedge-fund-marketing.html
http://richard-wilson.blogspot.com/2008/09/hedge-fund-startup-tools-1-page-guide.html
http://richard-wilson.blogspot.com/2008/05/hedge-fund-employment.html

We have grown this website by giving away advice others typically keep close vested or charge $200/hour for, we will continue to do so and appreciate everyone's support while we continue to expand this resource.

Thanks in advance for your help.

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Macro Funds

Macro Funds Lead Others in April 2010 Inflows

Earlier this month we covered macro funds and how they are faring in Europe's economic turmoil. Macro funds are leading all hedge funds in fundraising lately helping the industry return to its 2008 asset level of $1.65 trillion. Of the $23.7 billion in inflows during April the largest share went to macro funds, with $2.5 billion last month.

The hedge fund industry has recouped most of the assets it lost during the financial crisis, according to a new report.

Net inflows into hedge funds totaled $23.7 billion in April, according to research firm BarclayHedge. That puts the industry at $1.65 trillion, their best figure in 18 months, or since before the crippling outflows at the end of 2008.

Macro hedge funds enjoyed the biggest vote of confidence from both investors and the markets, with inflows of $2.5 billion in April. The strategy, which took in a total of just $4 billion last year, now boasts $94.9 billion in assets. Source

Related to: Macro Funds

Tags: global macro, global macro funds, macro hedge funds, hedge funds macro, global macro fund, macro fund, hedge fund strategies, inflows

Double Your Hedge Fund Compensation

We get lots of emails from hedge fund professionals (2k/week) who are looking to boost their career, their compensation and their overall progress in reaching their dream hedge fund job. Below are some quick, practical ideas which take hard work but are proven to greatly increase your chances of doubling your income in the industry regardless of where you are currently at:

Map out where you want to go in the next 1, 3, 5 and 7 years on paper within a career or business plan, dream big and work backwards from there.
Switch jobs. If your current employer is not giving you opportunities or avenues to grow get out and move on to a bigger opportunity. If this is not an option create "WOW" projects within your job, if you don't know what this means read Tom Peters books for motivation and instructions on this detail.
Stopping thinking about putting in your time and instead start positioning your own unique value and contribution.
Be pro-active in becoming friends with those who are either hubs for industry contacts or are the direct professionals who you want to work for in 3-5 years, friends hire friends.
Invest in yourself, complete training or certification programs, seek out a mentor or hire a coach.
Create 5 drafts of your resume before showing it to anyone, if possible create a pitch book on yourself and your career as to why someone who hire you. Provide an estimated ROI, example trades, work samples that you have permission to share, etc.
Read at least 30 minutes of training materials or niche books which directly connect with the skills needed to perform very well at your dream position
Join toastmasters, get comfortable and good at speaking at events, seminars, and conferences it positions you as an authority and forces you to master some niche topics
Work hard. I heard a great quote somewhere, in life there are two groups those who take credit and those who do hard work. Be in the group which does the hard work, there is far less competition.

I hope these tips help, these are things I have learned from trying to grow my career and coaching members of the Certified Hedge Fund Professional (CHP) Program. Each participant within the CHP Designation gets access to our career coaching, resume feedback, resume template, and over 70 educational videos.

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Investors Hedge Fund Strategies

Smaller Investors Adopting Similar Strategies as Hedge Funds

Accredited investors have been reaping the benefits of being able to invest in hedge funds over the last year and a half. Now, ordinary investors are using similar strategies as those that hedge funds use to protect their investment portfolio from risk.

With the economic recovery recently turning bumpy, investors have grown wary of downside risk in their investment portfolios and are increasingly willing to give up some returns in exchange for protection from those risks. Volatility spiked in May, as concerns about European sovereign debt and a bigger-than-anticipated slowdown in China's economy shook the market's confidence.

More than nine months into an economic recovery, you would expect investors to be reaching for high returns, but that's not the case, says Jeff Cusack, president of Forward Funds, who's seeing much greater interest in risk control. The traditional approach to modern portfolio theory, which focuses on diversified asset allocation and portfolio manager selection, is being challenged as never before, he says.

"Financial advisors are saying: 'We need to be more tactical and nimble'" because their clients are telling them they can't handle anything akin to the losses they suffered in 2008, Cusack says. He believes the missing piece in most portfolio management is what he calls exposure management. Source

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Tags: Investors Hedge Fund Strategies, hedge funds investors, ordinary investors, accredited investors, investors hedge funds strategy

Free Hedge Fund FAQ Webinar on Thursday June 23rd from 12PM-1PM EST

Free Webinar

Free Hedge Fund FAQ Webinar

The Hedge Fund Group is offering a free Hedge Fund FAQ Webinar on Thursday, June 24th from 12PM - 1PM EST.

Limitation: This educational webinar is limited to 1,000 participants and during our last webinar we had 1,300 professionals register to participate. Since this is a free resource the webinar spots are open on a first come first serve basis.

Update: As of Monday evening we have 444 of the 1,000 spots filled for this webinar.

The purpose of this webinar is to cover the top 10 most common hedge fund questions we get here at the Hedge Fund Group and then take questions from participants on the webinar on anything regarding hedge funds. This is meant to be an educational call which will cover everything from hedge fund terms, hedge fund career advice, hedge fund marketing, starting a hedge fund, trends in the industry, etc. If you have a question you have been meaning to get answered and it is related to hedge funds then you should get on this call. This is also a good opportunity to learn more about hedge funds as we will be covering some basic and more advanced questions about the industry during this session.

What: Hedge Fund FAQ Webinar - Free advice and answers to your hedge fund questions

When: Thursday June 24th from 12PM - 1PM EST

Cost: $0

Register for this webinar by typing in your first name and primary email address below. You will then be taken to the complete (free) registration form for the webinar on this Thursday:

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Hedge Funds Volatility

Hedge Funds May Suffer from 2010 Volatility

Hedge funds, unlike many other investors, often thrive on market volatility and instability in the financial world. John Paulson's hedge fund made huge gains predicting the sub prime mortgage crisis and David Tepper of Appaloosa Management earned several billion dollars betting big on the banking trouble. But the more recent turbulence seems to be the wrong type of volatility for hedge fund managers. May's dismal performance shows that hedge funds may be having trouble producing returns in such a volatile market coupled with the euro's instability.

Hedge funds, like others, have also suffered from a particularly brutal May and an initial failure to see the euro zone sovereign debt crisis coming.

Indexes that track the performance of hedge funds show them at best achieving cash-like returns since January.

The Credit Suisse/Tremont benchmark, for example, gained just 1.48 percent by the end of May, while the HFRX Global Hedge Fund Index was off 0.34 percent by mid-June.
Given the popular reputation that hedge funds have as swashbuckling money machines -- not to mention the hefty fees they charge for that reputation -- these are not the kind of returns that many investors might have hoped for.

And this is particularly the case given the volatility of markets, a backdrop which flexible, aggressive investors should be better equipped to handle than vanilla funds. Source

Related to: Hedge Funds Volatility

Tags: hedge funds volatility, hedge funds instability, currency, euro, trouble in europe, volatility in the markets, financial markets, hedge fund managers, david tepper, john paulson

JP Morgan Gavea Investimentos

JPMorgan in Talks to Buy Brazilian Gavea Investimentos

JPMorgan Chase is considering buying the Brazilian hedge fund manager Gávea Investimentos. This would be a big purchase for the investment bank and, as with the other story in this newsletter, another example of banks increasing their investments in hedge funds despite the possibility that this could be outlawed or limited under the Volcker rule. The purchase of Gávea Investimentos is reportedly contingent on the financial regulation being fairly lenient on investment banks holdings in hedge funds.

The latest firm to thumb its nose at the Volcker rule—which would ban banks from owning, investing in or sponsoring hedge funds or private equity funds—is the bank with the most to lose, JPMorgan Chase. The New York-based firm is in talks with Brazilian hedge fund manager Gávea Investimentos.

According to the Financial Times, those discussions are at an advanced stage, but no deal has yet been reached. Among the things that could yet sink an agreement is the Volcker rule: JPMorgan is reportedly waiting to find out just how stringent the new financial regulations will be before agreeing to buy Gávea.

Still, the talks represent a more serious potential deal than that reportedly discussed by Highbridge Capital Management, which is owned by JPMorgan, and Gávea earlier this year. Under that sketchy proposal, Highbridge would take an undisclosed stake in the firm, but Gávea would retain its own management team and “autonomy.” Source

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Citigroup Hedge Funds

Citigroup Raising $3.5 Bil for Hedge Funds, Private Equity

Citigroup and other investment banks are facing pressure from Congress and regulators. It is possible that these banks will not be able to have ownership positions in hedge funds or private equity--see this article for more information. While that possibility looms over the banks, Citigroup is rumored to be raising $3.5 billion for its hedge funds and private equity over the next two years.

Citi Capital Advisors, Citigroup's alternative asset management platform, will try to raise around $1.5 billion for private equity and around $1.75 billion for hedge funds, the person said, without elaborating on the time frame or how much Citigroup will invest in the funds.

The planned fund raising comes during consideration of a legislative proposal on Capitol Hill that would bar big commercial banks from making speculative proprietary derivatives and stock investments for their own accounts.

The so-called "Volcker rule" proposal--named after ex-Federal Reserve chief Paul Volcker, who chairs U.S. President Barack Obama's economic-advisory panel--would also cap the size of big banks and force financial institutions to divest hedge funds and private-equity units.

The amount Citigroup is looking to raise is a huge sum under the current environment when investors are still cautious about whom to entrust their money with, and funds generally would refrain from having a specific fundraising target, for fear that they won't be able to meet it. Source

Related to: Citigroup Hedge Funds

Tags: Citigroup Hedge Funds, Citigroup Investments, Hedge Funds, Private Equity, Citigroup Hedge Funds Capital, Fundraising, Citgroup Management

Hedge Fund Seed Investors

Seed Investors Resume Funding of Hedge Fund Start-Ups

Smaller hedge funds and hedge fund start-ups have had trouble finding seed investors over the last few years. Now, it seems that seed investors are ready to start committing capital to start-ups and small hedge funds again.

Patric de Gentile-Williams, chief operating officer of hedge fund seeding specialist FRM, said his portfolios have raised a net $70 million (£47.8 million) so far this year -- after raising "very little" in 2009 -- and he expects further commitments.
Total assets stand at about $360 million.

"Investors are allocating to this space," he said in an interview on the sidelines of the GAIM hedge fund conference here. "We're seeing the most sophisticated investors look at this space.

"It (the $70 million) is the first part of what we expect to be a series of capital raisings. It's a very strong pipeline. Conversations will, I think, lead somewhere, whereas last year conversations were about maintenance of (relationships)."

Investors were happy to back start-up or small-scale hedge funds during the industry's pre-credit crisis boom -- when high-earning traders would leave a bank and set up on their own -- in the hope of unearthing a talented manager. Source

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Tags: Hedge Fund Seed Investors, hedge funds, seed investors hedge funds, seed capital, investors in hedge funds, hedge fund start-ups, small hedge funds

Macro Hedge Funds 2010

Macro Hedge Funds Expected Among 2010 Best Performers

As concerns of large economies continues, macro focused hedge funds will likely bring solid returns, according to a hedge fund advisory firm. Lombard Odier's head of the hedge fund business predicts macro hedge funds to be among the best performing strategies of this year and to continue that performance through 2011.

Cedric Kohler said on the sidelines of the GAIM hedge funds conference that strong trends in currencies, equities, debt and commodities could help the strategy known as global macro to prosper into 2011 despite a disappointing May.

"The overall environment has been driven by macro events in 2010, and I believe it will continue to be the case because of economic imbalances in the largest markets," said Kohler, whose team at the Geneva-based private bank oversees a fund of hedge funds and advises clients on hedge fund investments.

With markets highly volatile, he said macro managers benefited from their ability to take long or short positions in most markets, trade in very liquid products and change positioning nimbly if their view of the economic outlook changes. Source

Related to: Macro Hedge Funds 2010

Tags: Macro Hedge Funds 2010, hedge funds macro strategy, Hedge funds 2010, hedge funds 2011, Macro hedge fund firms, Macro focused hedge funds

Hedge Fund Training

To checkout the hedge fund training programs, books, seminars, and webinars we offer please refer to HedgeFundTraining.com. We will be expanding this website in the future with more give aways, webinars, and videos that anyone can watch for free.

If you wish we offered some sort of hedge fund training package or service please send us an email at Richard@HedgeFundGroup.org and we can discuss how to put it in place...thsi is how we have developed all of our books, programs, and resources to date by gathering feedback from professionals just like you.

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Tags: hedge fund training, training in hedge funds, hedge fund training online, hedge fund training program

Do This If You Want To NOT Raise Capital

Do This If You Want to NOT Raise Capital

Everyone has advice on how to raise capital, many times the advice they give naturally benefits them financially through expenses services, turn-key services, or consulting retainers. While some who sell the following services or provide consulting within these will surely disagree here is a short list of things which can stop you from raising capital.

Trying to outsource all of our marketing activities to some third party firm who will "handle everything." Why this is a waste: They won't handle everything, and more importantly your firm won't learn anything. It may be wise at some point to outsource capital raising to a third party marketing firm but you still need to manage the process, constantly help improve the marketing materials, participate in due diligence calls, and review the Master DDQ.
Paying $3k-$10k for "placement" or "promotion" on a popular website where your firms logo or bio is promoted more frequently than other managers. Why this is a waste: Most of the time investors are seraching for something very specific and with this same $3-$10k you could meet with some high potential investors in person, develop a video overview of your investment process, or reach out to hundreds of new potential investors directly instead of trying to appear in front of them passively on a website.
Paying for a family office database or hedge fund investor directory and then blanket emailing the whole list hoping that this shotgun approach will result in a handful of promising responses that will be easy to close on investing in your fund. Why this is a waste: Nobody likes to be spammed and every family offices and investor is different. To raise capital you must approach each high potential investor individually and learn about how they work, how managers get approved by their investment comittee, what they look for in managers, and their history of investing in the space. Never spam lists of potential investors.
Planning on the "build it and they will come" model. Many mangaers believe that if they build the track record the money will come pouring in, but in my experience this only happens in 5-7% of all fund manager businesses. Most that raise a lot of capital did so consciously through constant effort and daily action towards the cause. I was this morning in a meeting what the real secret is to raising capital for hedge funds and my answer was, "it is simple, work very hard every day." If you have read my blog than you know from past posts that I give a lot of practical advice on what to work hard at each day...but that is at the essence of success in hedge fund marketing.

Check out our Hedge Fund Marketing Guide

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Tags: how to not raise capital, raising capital for hedge funds, hedge fund capital raising mistakes, hedge fund marketing mistakes, mistakes in raising capital

Investing in Gold Mining

Is Investing in Gold Mining Better than Investing in Gold?

Gold has been fetching a very high price in the last couple years and it currently trades at about $1,200 per ounce. While this has been great for those trading the commodity, one fund manager says it may be nearing the peak and that the better investment is in mining gold. Vedant ‘VK’ Mimani, the founder of Atyant Capital, a macro fund in Boca Raton, Florida focused on precious metals has made the case for the business of gold mining in a recent article.

The world is in the midst of a credit contraction, of the kind that always follows credit expansions. We have found from historical study that these contractions in credit tend to run for about twenty years. During every single prior credit contraction, the real price of gold, as measured against all commodities and assets, had increased. This increase in the real price of gold represents expansion in profit margin for the gold mining industry.

The last major credit contraction occurred during what we now refer to as the Great Depression. During that time, gold miners such as Homestake Mining were among the few companies to reward its shareholders. The Financial Crisis of 2008 stayed true to form. Starting September 2008, gold once again has started to outperform all commodities and assets.Source

Related to: Investing in Gold Mining

Tags: investment in Gold, gold mining, investing in gold mining, gold mining, gold hedge fund, hedge funds investing in gold, gold mining investments, investments in gold

Disclaimer

The content of this blog is in no way a means of financial advice or a solicitation to sell any investment or product. This website is for informational purposes only and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments nor an endorsement of any particular investment advisor firm or individual.

No warranty or guarantee of any kind, expressed or implied, is given regarding the accuracy, reliability, veracity, or completeness of the information provided here or by following links from this or any other page within this site, and under no circumstances will the author or service provider be held responsible, or liable for errors, or omissions resulting in any loss or damage caused or alleged to be caused by information contained in the material presented on the site, including but not limited to direct, indirect, incidental, special or consequential damages caused by using the information.