Is it easy to find hedge fund partners?

Q

qll

I don't want to run something by myself. I have no idea about those legal, accouting, admin issues. I like to be focused at what I am best at.

It will be the best if I can manage $5M as a part of a larger hedge fund.

Anyone hearded of those positions, funds hiring managers with good track records?

Anyone knows where to find partners willing to set up a hedge fund together?


P.S I turned 100K to 266K in 2006, and 518K by the end of Jun/2007, then I added another 350K of my own money. I can manage another 2 to 4 millions without liquidity issues.
 
Quote from qll:

I don't want to run something by myself. I have no idea about those legal, accouting, admin issues. I like to be focused at what I am best at.

It will be the best if I can manage $5M as a part of a larger hedge fund.

Anyone hearded of those positions, funds hiring managers with good track records?

Anyone knows where to find partners willing to set up a hedge fund together?


P.S I turned 100K to 266K in 2006, and 518K by the end of Jun/2007, then I added another 350K of my own money. I can manage another 2 to 4 millions without liquidity issues.
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Once you have the registration process done, the administrative tasks are pretty easy. You don't need a full time lawyer or accountant. They just need an accountant to show up once a week to give him the paperwork to process.

Many small hedge funds only have a small office with a secretary to manage appointments, and some salesman. The manager closes deals with people refered by the salesman.

The manager usually enters the trading orders, altough you can hire a computer geek to enter the orders (without explaining him why you are buying/selling this shares and why to trade now), risking costly mistakes, and having your strategy exposed.

What is tough in the beginning is finding customers.
 
Quote from crgarcia:

Once you have the registration process done, the administrative tasks are pretty easy. You don't need a full time lawyer or accountant. They just need an accountant to show up once a week to give him the paperwork to process.

Many small hedge funds only have a small office with a secretary to manage appointments, and some salesman. The manager closes deals with people refered by the salesman.

The manager usually enters the trading orders, altough you can hire a computer geek to enter the orders (without explaining him why you are buying/selling this shares and why to trade now), risking costly mistakes, and having your strategy exposed.

What is tough in the beginning is finding customers.
More...


I am currently running foreign accounts. I am not currently in the states. It is really tough for me to run it.

I really need a partner in the states. Still i think running a standalone fund is more expensive than running as a part of a large fund.
 
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