How To Start Your Own Hedge Fund The Hedge Funds Weblog

Hedge funds make a lot of money - so much that you may have wondered if you could start your own. Fortune magazine has an article explaining how. First, I needed a lawyer to create investor contracts and such, at a charge of $400 an hour, or about $30,000 a year. Other gotta-haves are an auditor ($30,000 a year) and an accountant (ditto). A back-office outsourcer to handle stuff like shareholder communications [...] Read More


Credit Crunch Takes Out 170 Hedge Funds The Hedge Funds Weblog

Photo courtesy of iStockphoto, Alex Slobodkin According to the Times Online, 170 hedge funds crashed during the credit crunch in the last three months. The article said that "the number of hedge fund closures was 23 per cent higher than the same period last year, when 138 funds were shut in the wake of turbulence in financial markets." The main casualties were single-manager hedge funds, which accounted for 155 closures. Flat [...] Read More


Gibraltar Hedge Fund Launch The Hedge Funds Weblog

In a HedgeCo story; Gibraltar based Sirius Investment Management is launching the Sirius Investment Fund II, a natural resource and mining-focused Fund Of Hedge Funds, which will be open to new investment on 1 November. It will invest predominantly in hedge funds that invest in very early stage mining plays and other natural resources, projects which are not dependent on fluctuations in commodity prices to generate returns, according to Hedge [...] Read More


Estimating Your IT Start up Costs Business Computer Blog (UK)

© jiangbabe

You've got your idea, you've checked the market, you're ready to embark on your own company. Now its all down to the money. In today's economy, that's particularly important.

If you don't want to lag behind your competition you need to take your new company's technology seriously. Here are few ideas to help you estimate what you'll need.

1. Put together a spreadsheet.
2. List everything you know you'll need. [...] Read More


Hedge fund bonanza Sox First

How much do hedge fund managers make? A lot more than ordinary folk.According to a new study, the top 20 private equity and hedge fund managers pocketed an average $657.5 million, or 22,255 times the pay of an average US worker. The top four each pocketed over $1 billion.According to the Institute for Policy Studies and United for a Fair Economy study, chief executives made 364 times the pay of [...] Read More