Looking to start a Global Hedge Fund.

[Arb Under Par]

Good thing I hedged with "virtually"

Lindq, how many traders work there and what kind of AUM?

Cheers!

Quote from lindq:

I do.

So much for virtual guarantees...about anything.

 

[marketsurfer]

Quote from OddTrader:

Here is my understanding:

1. Public HF (Most common type).

2. Private HF.

3. Personal HF.

4. Retail HF.

5. Listed Public HF.

6. Listed Retail HF.

no wonder the SEC is trying to clamp down.

 

[Walther]

Quote from Arb Under Par:

Trust me....I look at and analyze hundreds of emerging managers. When a trader says that they are working for a private fund, it typically means they are trading their own account (usually in their solely owned LLC) or they work for a prop group that advertises themselves as a "private hedge fund" to recruit traders.

What you're saying is true, but it's far from typical and I can virtually guarantee you that none of the traders that work for one wealthy individual's fund are on ET.

Why do you look at hundreds of emerging managers?

I know 2 of such traders personally but hey are not frequent posters.

 

[Arb Under Par]

Quote from Walther:

Why do you look at hundreds of emerging managers?

I know 2 of such traders personally but hey are not frequent posters.

I consult for some institutional investors that invest in managed accounts. Our ideal candidates are quality emerging managers that we can help grow to capacity over time. It's up to me to find and do the due diligence on them.

 

[cheesenachos]

Quote from Arb Under Par:

I consult for some institutional investors that invest in managed accounts. Our ideal candidates are quality emerging managers that we can help grow to capacity over time. It's up to me to find and do the due diligence on them.

How do you find them? What makes for a quality emerging manager?

 

[Preston Forbes]

Quote from Ripley:

It means a Hedge Fund not open to outside money. Only run for a particular institution, individual etc.

Michael Dell has a private Hedge Fund... so do some of the other MSFT billionaires.

Yeah...and if you've seen some of their yearly performance...you wouldnt want to be in their funds....a certain unnamed billionaires private fund was down 66% a few years ago I recall...good thing their private and no one knows about this.

 

[Arb Under Par]

Quote from cheesenachos:

How do you find them? What makes for a quality emerging manager?

Typically found in the databases or through word of mouth. I look at a lot of guys that get referred to me from other managers and friends in the industry.

The term "quality" is obviously subjective, but for my purposes it relates to the managers experience and track record, the logic of their strategy, volatility, money management, etc.. They also have to fit into the correct profile for us to make an allocation, which I'm not going to go into.

Cheers