Hedge Fund Startup Services
Guide to Reviewing Hedge Fund Startup Services
I cover several important areas for hedge fund startups including: constructing a board of advisors, fund formation services, third party marketers, compliance and regulation advisory, prime brokerage services, fund administration services, annual fund auditing services, training and certifications, and, finally, associations and networking groups. If you would like to read more about how to start a hedge fund please visit StartAHedgeFundNow.com to get your copy of my e-book.
Within this short article we are going to quickly review some options, service providers and processes you can follow while starting up your hedge fund so you will have a better feel for what options are available to you.
Board of Advisors Construction
The common dilemma in the hedge fund industry is that everyone wants you to have a team with deep expertise and experience, often referred to as a high level of "pedigree." The problem is that if you need that great team to raise capital, how are you ever suppose to build that team when you are starting at ground zero with say $2 million in capital or even $200,000 or less in capital? One solution is to build a killer board of advisors.
Your board could include investors in your fund, peers in the industry, friends, or those which you pay hourly or compensate in some other way to act as part of your advisory board. Your board could include investors in your fund, peers in the industry, friends, or those which you pay hourly or compensate in some other way to act as part of your advisory board. While many picky investors will quickly point out that a three-man hedge fund business with a 10-person advisory board is not an institutional quality operation, this is your quickest way of getting great consistent advice for building your hedge fund business without hiring 15 people to your team in your first few years. Read more here.
Related to: Hedge Fund Startup Services
- Hedge Fund Startup Guide
- Start A Hedge Fund Book
- Start a Hedge Fund | Tips, Tricks Video
- Top 5 Tips for Starting a Hedge Fund (Part 1 of 2)
- Top 5 Tips for Starting a Hedge Fund (Part 2 of 2)
- Hedge Fund Formation | Tips on Forming a Hedge Fund
- Hedge Fund Startup Example | Why Start Now?
- Raising Capital for a Fund Startup