I Started A Hedge Fund Reddit. The announcement that Galaxy Digital, steered by the veteran ha
The announcement that Galaxy Digital, steered by the veteran hand of Mike Novogratz, is launching a $100 million hedge fund is one such moment. 349 votes, 310 comments. Experience in investment funds that invest more aggressively or in different types of assets than traditional mutual funds. Michael Burry is best known for predicting and profiting from the 2008 housing market Your AUM needs to be able to justify the cost spent on starting up the fund. I started a fund with just $750K in capital. One thing to do is also to get a summer at a bulge bracket (preferably as quant research, quant trader, strategist) and next year apply for graduate in hedge funds. You start on the sell-side at a normal investment bank like Goldman, Morgan Stanley, JPM etc. These are the requirements of an 'investment company'. That's the first and probably biggest hurdle for individuals to get over to even start investing in a hedge fund. On one hand your fund's starting AUM needs to be at least greater than 50M and the founder of the fund needs to have a 50M unimpaired net worth. I trade on my own time, and its somewhat profitable. But studies like these show S&P-based index funds outperform all hedge funds over a ten year period. A Forbes report published in June put his wealth at roughly $600 million. Sep 24, 2021 · Haven't started a fund myself and am relatively junior, but I work at a boutique placement agent with startup hedge fund clients that fit this MO with direct experience working with them to build it into an institutional business. Understanding the Hedge Fund Work Environment Key Differences Between Hedge Funds and Other Financial Firms Hedge funds operate in a unique space within the financial industry. Hopefully he does well. My fund's niche would be investing in the companies, currencies, and real estate most likely to be affected by global events. In this endeavor, the investors will act as limited partners in a private partnership. Hi all, So long term I want to start a hedge fund. . You might have a personal trading account with $100K, $200K, or even $1-5 million+. They will attract people that are ready to play by the rules, meaning get into some sort of degree that they can find useful, no matter the quality of the school, start somewhere. It was boring and pigeonholed, so I went to work for a credit union as a lowly analyst, got into Business Intelligence, then learned SQL, pipelines, light DE. Very hard to start a credible fund without a credible team CFO, COO, CRO, CMO etc. e. I live in Pennsylvania and I would like to start my own hedgefund company. Hedge fund jobs are amongst the best paid in the country. If you want to start a hedge fund you don't have to start a "hedge fund". Many of the big hedge fund partners started as an executive at smaller hedge funds and learned the game. Current GPA is about 85%. But there is good news. Strategy consulting with Big 3 is well regarded, but will leave you lacking in capital markets and financial modeling fundamentals needed to succeed in a HF. I've looked online about licensing requirements and Im confused about the information I've researched. Feb 24, 2025 · Reddit discussions reveal both the highs and lows of hedge fund careers, offering real-world insights. The older you get, the less delusional about your goals and ambitions you become. Navigate costs and risks confidently with this expert guide. Learn the formula that has started hundreds of thriving hedge funds. Starting a hedgefund. Very broadly speaking, hedge funds take in funds from investors and invest them in a set of financial instruments in order to make money. Even if you are able to invest in hedge funds, like I said, they vary quite a bit and that is shown in their results. I know that Hedge Funds that rely on math and statistics are the future but I don't know anything about the Quantitative Hedge Fund industry and how competitive it is. We would actually take time and research trades through technical analysis and our understanding of market levers. We run equities books in developed/developing markets, as well as a global book of rates/commodities futures and G10 FX. Career path is either more equity research, Hedge Fund and long only / mutual funds. Admittedly, I don't know any more than what Google has told me about getting a hedge fund job. By purchasing large amounts of physical silver and silver-backed exchange-traded funds (ETFs), they hoped to create a shortage that would drive prices up. As for education, a graduate degree is almost the minimum to get in. As I said, I would like to start a hedge fund once I graduate. There are no capital requirements for them capital can be as low as you'd like it to be and as high as tens of millions. Sep 28, 2022 · Have a friend who’s starting his own family and friends investment fund. Is it possible for you to open a retail brokerage account, and apply the same approach and achieve the same results using a retail brokerage account ? Reading this forum has shown that there are loads of huge setup costs to start a hedge fund.