3 ms·
What credentials do you believe are required to start and manage a hedge fund?
by anonymoushn 4y ago
What credentials do you believe are required to start and manage a hedge fund?
- Ferrotin 4y agoEspecially considering one of the most famous hedge funds was founded by an MD.
- notahacker 4y agoThe ability to persuade very rich people to give you money, or a lot of money of your own. Expensive suit helps. Cartoons about "the only way is up" a more unconventional route to the same end.
- astrange 4y agoYou don't need anything to start a business claiming to be a hedge fund, but you need a guy with a series 65 license to do investment advising in most US states.
- anonymoushn 4y agoWe're a fund regulated by a government other than the US. Our regulated investment manager (which confusingly is the entity that one would say does "investment advising" in the US) does not have any staff with US-specific licenses. Despite all this, we could trade US equities, if we wanted to trade in markets that are deeply unfair and have fixed costs for data feeds and colocation in the tens of millions of dollars.