good points.
i'm expecting them to handle virtually every aspect outside of the mgmt of the fund investments and the investment team. transactional costs are pass thru as i have better clearing relationship than they on the equity side.
i've been in the business since 93 and have...
roll call.....
who is prop and who trades as a customer ? trading thru / with ?
anyone looking to get together and start a desk, share office space, etc ?
;)
long story short :
i have a DEBT ONLY hedge fund looking to expand its offerings of funds.
they will/can raise $$$ from existing clients. i would be running the equity fund under their "umbrella"
how would you structure the deal ?
split ownership of the equity fund, fees ? if so...
i'm not concerned with the actual firm just the space and availability to hook up with appropriate connections, systems etc like trading systems and bbg.
what building is ascent in ? i know opus is in AFC.