How do you actually launch a hedge fund? People talk about strategies, fundraising, and legal stuff, but I didn't see any good guides about... well... everything else. When I started my hedge fund in 2012, the resources online were awful. For fun, I Googled "how to start a hedge fund" again in 2020, and the top videos are still along the lines of, "it was hard you guys." (No kidding.)
To expand upon "it was hard," I made a high-level guide detailing my first-hand experience + all of the things you need to do before launching a hedge fund.
This is my first video - if you liked it, please like or subscribe so Google pushes it above the "it was hard" videos. :p
0:00 - Introduction
0:49 - List of service providers
2:00 - Mistakes picking service providers
3:16 - Critical decisions
4:13 - Hedge fund legal structure
5:27 - Mistakes picking legal structure
6:23 - Critical legal services
7:38 - Hedge fund fee structure
9:20 - Want more videos?
10:00 - Hedge fund technology
11:11 - Market & alternative data
12:07 - Databento a la carte data
13:18 - Trade execution & DMA
14:59 - Operations & compliance requirements
15:56 - Is this even worth it?
16:21 - Should I do a startup?
17:02 - When should I start a hedge fund?
18:19 - Any questions?
19:04 - Final thoughts
Here is the list of service providers as mentioned in the video:
Prime broker (+ secondary counterparty)
Third-party administrator
Onshore fund lawyer
Offshore fund lawyer
Corporate lawyer
Fund auditor
Fund custodian
Bank account
Tax preparer (+ R&D tax credit provider)
Compliance officer (in-house or part-time)
Independent board director(s)
Software vendors (e.g. Slack, Google Suite, AWS, CRM, QBO, payroll, etc)
Data providers (market & alternative)
$$$ to afford all of the above
The hedge fund book I mentioned: [ Ссылка ]
