Please sign in to post in this forum.

ForumsTechnology Management

Up to All Forums

This Question is Not Answered

1 "correct" answer available (5 pts) 3 "helpful" answers available (4 pts)
Post a new topic
24 Replies Last post: Mar 19, 2009 6:07 AM by bisu82

Looking for partners to start a hedge fund

Feb 16, 2009 10:35 PM

Click to view danyu68's profile Professional danyu68 3 posts since
Feb 16, 2009

Good day all,


I have been interested in security investment for long time. I have used my own money to trade on the markets for years. I have developed a strategy that has been proven working with steady return range from 2% to 9% each month. I made more than 10% profits last year while most of the hedge funds lost their money. You can check my trading records at http://www.pancoo.com/TradeRecords.aspx. Now, I am considering to starting a hedge fund myself. I knew, there are 2 prerequisites for starting a hedge fund: 1. a proven strategy with tracking record which I have; 2. Good connections for raising money which I need your hand. I am looking for business partners who have good connections and can bring money to the fund. Anyone who is interested in this, please send email to danyu68@yahoo.com. Any suggestion or advises is welcome.


Thanks in advance.


Dan

Tags: time_tracking, project_management, project_software, budget_management, online_technology, online_services Report as inappropriate
Click to view DomainDiva's profile Mogul DomainDiva 1,732 posts since
Oct 10, 2007
1. Re: Looking for partners to start a hedge fund Feb 16, 2009 11:38 PM
in response to: danyu68

SInce the link does not work we can only assume....nothing. Bernie Madoff had consistent returns as well. The one prerequsite you forget is LICENSING.....

You can't start a hedge fund wihtout proper licensing (for all the good that will do). Do you have NASD Certification? A Series 7 license?

No?

Then you want money from the forum members?

Rethink.
Report as inappropriate
Click to view danyu68's profile Professional danyu68 3 posts since
Feb 16, 2009
2. Re: Looking for partners to start a hedge fund Feb 17, 2009 1:08 AM
in response to: DomainDiva

DomainDiva, thank you for your reply. You are right. LICENSING is one of the prerequisite to start a hedge fund. I haven't started the hedge fund yet. Although I am good at trading, I understand that I can't do it alone. I need partners who interested in this business to work together with me to raise money in the future. The main purpose of my post is looking for partners to work in a team to start a hedge fund together. After I build the team, the next step is to get all of the paperwork done. You and the members on this forum are welcome to invest in my fund in the future.


DomainDiva, I visited your website. It is great. I tried your link first, it didn't work. Then I copied the url and pasted it into the Address of the Browser. It worked. If you are interested in my trading records, you can do it the same way. It should work. Thank you.

Report as inappropriate
Click to view NassGG's profile Start-up NassGG 2 posts since
Feb 17, 2009
3. Re: Looking for partners to start a hedge fund Feb 17, 2009 5:19 AM
in response to: danyu68
If you can clearly explain me what the Buisness is actually about.How much investment does it needs.
<a href =http://finance.bizoppjunction.com>Finance Loans</a>
Report as inappropriate
Click to view NassGG's profile Start-up NassGG 2 posts since
Feb 17, 2009
4. Re: Looking for partners to start a hedge fund Feb 17, 2009 7:06 AM
in response to: danyu68
If you can clearly explain me what the Buisness is actually about.How
much investment does it needs.
<a href ="http://finance.bizoppjunction.com">Finance Loans</a>
[url=http://finance.bizoppjunction.com]Finance Loans[/url]
Report as inappropriate
Click to view danyu68's profile Professional danyu68 3 posts since
Feb 16, 2009
5. Re: Looking for partners to start a hedge fund Feb 17, 2009 8:33 PM
in response to: NassGG

NassGG, Hedge fund generally pools investor's money together to trade securities such as stocks, commodities or Foreign Exchange and etc. Its income comes from management fees (normally 2% of the managed fund each year) and performance fees (normally 20% of the profits made through investment). The minimum money required to start a hedge fund is 1 million dollar.


Take my strategy as an example, it usually generates 50% or more return in the normal year. Suppose we have a 5 million dollar fund which is a very very small fund in the hedge fund industry (a 100 million fund is still a small fund). The gross investment profits should be about $2,500,000. The performance fees should be about $500,000; The management fees should be about 100,000 (management fees).

Report as inappropriate

More Like This

Legend

  • Open Question
  • Answered Question
  • New content since your last visit
  • Updated content since your last visit
  • Content you have read