How To Start a Hedge Fund From Scratch in 2024

[@mariadrukker2557]

Starting a hedge fund is no small task. You need more than just capital-you’ve got to navigate legal structures, find investors, and handle tax implications. Plus, wealth management and investing strategies have to be airtight

[@roseyfischer]

Exactly. And it's not just about having a great strategy to invest money. You've got to be aware of the regulations that come with running a fund. SEC compliance, tax strategies, and figuring out how to market your fund to investors are huge barriers for new managers

[@Kattyol1]

Not to mention, the initial setup costs can be hefty. You need a solid plan for operations, legal fees, and technology platforms just to get it off the ground. And that's before you even bring in investors or see returns

[@MONROEJACQ]

Right, and don’t forget about tax reduction strategies. A lot of people get caught up in maximizing returns but forget that proper tax planning can save a fortune. I’ve been looking into this more recently because the wrong setup can drain a fund quickly.

[@Larry1-pl2wq]

I was in the same boat when I started thinking about launching my own fund. That's when I consulted Joseph Nick Cahill.

[@Larry1-pl2wq]

He’s been in wealth management for over 20 years and helped me not only with the legal and structural side but also with creating tax-efficient investment strategies

[@JoelFortney-z8h]

Our team has lived through this entire process. We are in year 4. Everything covered in this video is bang on. Our biggest lesson - NEVER skip step 3.

[@mahdijalalinajafabadi9599]

Could i please have your linked in please?

[@JxmmieZero]

As an aspiring hedge fund manager, this info is pure gold. Thank you Bridger.👍

[@thetaeater]

You are so freaking good at this! High energy without being douchy. You do one of these lessons about CTA/CPO. Also could delve into fund accounting!

[@insaineyesay]

This was amazing. I'm ready to go start my fund immediately lol. Thank you.

[@bridger_pennington]

Let's go!!!

[@MuhammadAbubakar-ue9sb]

Great video! I am going to register my own hedge fund in a couple of months! This video was really helpful 👍

[@bridger_pennington]

Glad it was helpful! Best of luck !!

[@GReid-ol5gk]

Thank you for taking the time to spell this out for a newbie like myself. Very much appreciated 👍🏽

[@bridger_pennington]

You're very welcome!

[@julieji9932]

This is very useful !! I am working in Aseet management in big 4 firm and I really want to transfer into hedge fund shops. These info are super insightful and I want to learn continually

[@bridger_pennington]

Best of luck!🚀

[@settoblack]

Hey Bridger. Thank you for this video. On the side, do you have another video where you talked about risks? Risks associated with loss of capital. What's it like? How's it shared or managed?

[@ChaceBonanno]

Why have a separate person/entity as the general partner and management company instead of the mgmt co acting as the gp?

[@bridger_pennington]

Having a separate general manager and management company helps protect the management company from the liability, allows for specialized rules an offer potential tax benefits!

[@hotshottruckingtrainingcou9645]

MASTERful video.

[@jimLassin]

You're giving brotherly vibes. So thank you for being who you are!

[@peterneill5604]

This is a truly superb video Bridger - great job

[@bridger_pennington]

Glad you enjoyed it!

[@junglemandude]

Hey, I just want to say you are doing vert well in your ventures with multiple successefull funds launched and keep helping us do well, thanks for the informative video and info

[@bridger_pennington]

🙏🔥💯

[@azamai]

Great Educator Talent

[@bridger_pennington]

Thank you 🚀🔥

[@Dow81]

Great video! Quick question. After having the trading strategy, how much work is to be a hedge fund manager? Are you a space to your office? Or can you take backseat and just trade? Your videos are dope!

[@bridger_pennington]

Being a hedge fund manager involves more than just trading. Even with a solid trading strategy, you need to handle investor relations, Regulate compliance, risk management, and administrative tasks. It’s a full-time job. Successful hedge fund management requires a continuous monitoring an adjustment of strategies, keeping up with market trends and ensuring the funds operate, smoothly and legally.

[@bridger_pennington]

Thank you 🙏

[@roycesjourney37]

@@bridger_penningtonhow does one go about getting these skills?

[@veralanger8947]

Bridger, you are such a clever guy and a very good teacher.🤗

[@bridger_pennington]

Thank you!

[@Mesut_ozdemir]

Big ups to everyone working effortlessly trying to earn a living while building wealth. My wife and I we are both retired with over $2 million in net worth and all paid off debts. living smart and frugal with our money, made it possible for us this early, even till now we earn passively with our asset coach. Adapt to a lifestyle, be thrifty, set a budget, save money and build more streams.

[@ThanhKhanh601]

Excellent choices having a great savings and more streams to earn makes life goal’s easier but our way of life needs better alternative,at the same time, people also need to be more responsible. I know for a fact that there's a lot of people that simply don't make enough, I make roughly hundred plus a year and in California, thanks to rent inflation alone eat up almost all of what I make, with dependents and other obligations included, it's easy to end up with zero. however it’s a good time to add to existing asset holdings as follow -on opportunities

[@KamilKonstantin]

Please, I've lost so much money on my own. How can I reach out to her?

[@Mesut_ozdemir]

@@KamilKonstantin SHE IS ON TELEGRAMs

[@Mesut_ozdemir]

-(RUBY WAYNE FINADD)-

[@janebeazleym]

It doesn't matter if you are a current hodler or a newbie, you can capitalize on the fluctuation of bitcoin by trading with good signal/strategy

[@WebbTrades]

This is EXACTLY what I was looking for!!! THANK YOU!!! It’s so hard to find this information in one video.

[@bridger_pennington]

You are so welcome!

[@ntambi2624]

Well explained. thanks

[@bridger_pennington]

Glad it was helpful!

[@amonifinau4048]

Thank you!

[@fintrackin]

nice explanation

[@Erikkurilla01]

Investing in hedge funds by yourself can be risky due to their complex strategies, high fees, and potential for significant losses. Without expert knowledge, it's challenging to fully assess the risks and returns, making professional guidance crucial.

[@jessicasquire]

Hedge funds can be tricky to navigate without deep financial expertise. The complex strategies and high fees involved mean that the risks can be substantial, and it’s hard to fully grasp these without experience. Professional guidance is key to making informed decisions and avoiding potential pitfalls.

[@Lemariecooper]

The comments emphasize the risks of investing in hedge funds without professional expertise. A financial adviser can help navigate these complexities, ensuring that investments are well-managed and aligned with financial goals. Their guidance is crucial for assessing risks, maximizing returns, and making the investment process more secure and personalized.

[@tahirisaid2693]

Glad to have stumbled on this comment,, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them??

[@Lemariecooper]

My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..

[@tahirisaid2693]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@gopalmajithiya1095]

absolute gem of a video brother.. looking forward to meet ya somewhere down the line..

[@bridger_pennington]

Thank you🙌🙌

[@LLWCorp]

Hello I come to this country, no like landscaping more. I wan to own hedge fund. I very experienced with hedges. Is this a good video teacher?

[@NicholasCyan]

Bro, please make a video on how brokers work for hedge funds

[@phyllissong]

This video provides a practical roadmap for aspiring hedge fund managers, emphasizing the importance of market-tested strategies and investor validation before diving into legal complexities.

[@bridger_pennington]

🔥🔥💯💯

[@ShivamSingh-dc4xg]

What's your trading strategy?

[@RioBlue-l4x]

Secret

[@ShivamSingh-dc4xg]

@RioBlue-l4x are you also an hedge fund manager?

[@DragonWarrior100]

Thank You

[@OnlineSafety-ng7et]

Thank you.

[@bridger_pennington]

🔥🚀 Anytime!!!

[@Travesten]

Cereno Scientific 1000x soon🚀🚀🚀

[@bridger_pennington]

🔥🔥

[@alimtanta2934]

I would like to start a private quantitative hedge fund; how do I get the best quants in the game? Who really can outperform in the game of hedge funds? When money is no issue

[@bridger_pennington]

Visit us; fundlaunch.com we have a whole community you could be a part of to learn and get questions answered !!

[@RLD225]

I know this is PE related and not Hedgefund, but would it make sense to create a fund with the purpose of rolling up and growing home service businesses (specifically a pool service) and then having that be acquired by one of the larger PE firms?

[@bridger_pennington]

Creating a fund to roll up and grow home service businesses, like pool services, can be a smart strategy. The fragmented market allows for consolidation, which can increase efficiency and profitability. Scalable growth potential and steady demand make this attractive to larger PE firms seeking profitable acquisitions. Key considerations include having strong management expertise and thorough due diligence to ensure successful integration and growth.

[@RLD225]

@@bridger_pennington how small of a fund could you raise? Raising and managing millions of dollars seems very intimidating. I currently own a small pool cleaning business but I'm interested in possibly using OPM to accelerate the growth. Not sure if I'd be able to both manage such a fund and operate the business

[@DarkoFitCoach]

I am in sp500 index and thats plenty for me Thanks

[@bridger_pennington]

Thanks for sharing!

[@levi4660]

I heard in the UK, there is alot more stricter regulations/requirements to start a hedge fund?

[@bridger_pennington]

Yes, the UK has stricter regulations and requirements for starting a hedge fund compared to some other countries. These include obtaining authorization from the Financial Conduct Authority (FCA), adhering to stringent compliance and reporting standards, and meeting capital adequacy requirements.

[@levi4660]

@@bridger_pennington Do you have any videos that can help us UK folks in setting up a hedge fund?

[@horaciogomezrey1439]

Answer sponsored by ChatGPT​@@bridger_pennington

[@spamgwin4166]

Is it possible to start a hedge fund worth nothing, before receiving any funding, and keep the majority of the shares in a tax free uk stocks and shares isa? How would that work, is it possible or is the question itself flawed?

[@bridger_pennington]

That’s a very good question. Reach out at fundlaunch.com for information ℹ️

[@YTBComedyClips]

Hey Bridger, great video! I have a few questions though. My first question is can I do an LLC structure instead of the LP structure to create a hedge fund? The reason for this is I would like to have some individual clients once I pass the series 65 exam to become a Registered Investment Advisor (RIA) and manage clients' funds on a discretionary basis through a prime brokerage such as Schwab. This would allow me to build up a track record. Which I was thinking I would set up an LLC for that purpose, would I need to setup a separate LP just for the hedge fund or would I be able to use the LLC for the hedge fund as well? Maybe a LP is better for the individual client setup as well? I know what open and closed ended funds mean, but what is the pros and cons of doing an open vs closed ended fund with regards to a hedge fund? And lastly, would it be possible for me to create the LPA and PPM myself without paying a lawyer to do it? Thank you!

[@bridger_pennington]

Great questions! An LLC can work for a hedge fund, especially if also managing individual clients as an RIA. Many use an LP for the fund and an LLC for the management company, depending on goals and liability needs. For open-ended funds, investors can redeem more easily, while closed-ended funds lock in capital longer, which suits long-term strategies. Creating an LPA or PPM without a lawyer is possible, but professional help ensures it's legally sound. This is for informational purposes only and not legal or financial advice.

[@pedroalvarez7339]

Hola Bridger !!! has considerado que una parte de tus seguidores no somos de US , Canada , Australa , UK ni de ningún pais de habla inglesa , muchos somos de latinoamerica , Europa , Asia , etc , es por eso que debo preguntar si esto es aplicable solo para gente de Estados Unidos , Canada o similar ??? thanks a lot bro!!!

[@gopalmajithiya1095]

bro m from asia, trust me majority of the shit applies in generall situations. but and it is a very big BUT, u shouldnt be opening a fund outside the states, id ask u to do ur own research as to why i said this..

[@bridger_pennington]

¡Hola! Muchos conceptos de fondos son aplicables en distintos países, pero las regulaciones específicas pueden variar mucho entre Estados Unidos, Latinoamérica, Europa, Asia, etc. Siempre es buena idea revisar las leyes locales o consultar con un abogado especializado en inversiones para asegurarse de cumplir con todo. ¡Gracias por el apoyo!

[@devilgaming-wp4pf]

I want to work with you

[@Starkillers]

How can we talk ?

[@bridger_pennington]

Checkout our website fundlaunch.com

[@pierreduval1544]

I dear im from Africa, Ivory cost can I bult an hegde fund from here, to trade Us market ? Pls answer me thanks

[@bridger_pennington]

Visit : fundlaunch.com. Questions like these are best answered there.

[@financelearn7702]

Who's your prime broker?

[@bridger_pennington]

Visit: fundlaunch.com to learn more about that 🚀

[@RealELconomics]

The new white board of truth and justice!! Lol what up Bridger

[@bridger_pennington]

😅😅👊🔥

[@nmn8829]

The examples you cite are from ivy league schools

[@bridger_pennington]

👊👊

[@nawlfr]

Someone teach this man how to flip a page

[@financelearn7702]

Name of your hedge fund company?

[@bridger_pennington]

Ugly unicorn 🦄

[@PriceActionPro]

Use a white board and markers dude The paper shit is absurd.

[@foreversoprano]

what broker do this ppl use for this ?

[@bridger_pennington]

Different brokers are used depending on the fund's strategy and asset class. Some names I've seen mentioned include Interactive Brokers, TD Ameritrade Institutional, and Pershing. It might be worth looking into brokers that specialize in fund management services to see what could be a good fit for your situation.

[@akshan2866]

I am in my first year at university studying applied statistics and quant finance, and I plan to do a master's in financial engineering or computational finance afterward. Will working as a quant trader or quant researcher give you knowledge and experience to start your fund later in life?

[@Cavz001]

Yeah

[@bridger_pennington]

Working as a quant trader or researcher can provide a solid foundation for starting a fund in the future. These roles offer valuable experience in building strategies, understanding risk, and analyzing data-driven decisions - all crucial for fund management. The exposure to market dynamics and execution is also a huge advantage. It’s worth noting that starting a fund involves additional skills like fundraising, compliance, and managing investor relations, so diversifying knowledge in those areas can also be helpful down the line.

[@astrogumbo]

dude they will ban this ! Bravo dat juice:)

[@bridger_pennington]

🔥

[@menguardingtheirownwallets6791]

I live in Ontario, Canada. Every year we have an awards dinner celebrating the top-performing hedge funds here in Canada. It is called the 'Canadian Hedge Fund Awards' (“CHFA”). For 2023 the award went to the 'Agilith North American Diversified Fund' delivering a 1-year return of 62.55%. Sure, that seems great, but I'm already doing way better than that with my own investments. I strictly invest in ETFs that represent the overall S&P500 market, I don't invest in individual companies. I would like to start my own fund that delivers an annual return of 50% per year (or higher), to beat the best out there. The main thing that I want is to win the award each year, just for the heck of it.

[@bridger_pennington]

Congratulations on your success with ETFs! To start your own fund focus on stability, understand regulations, and use a solid strategy, build trust promote your fund and create value for your investors. Visit: fundlaunch.com to get help with the process.

[@TOUTdansLesOptions]

50% a year 😂

[@MickB52s]

Delusional mate... " need to partner with people in the game"...or have a great plan on evidence of success then need to sell that.Conman vibs is not a great thing

[@Stephen_T_Sampson]

I've seen futures traders get 300% a year. Note: past performance is not an indicator for future performance.

[@De.Janice0]

Hello, how are the current negotiations going so far?

[@Stephen_T_Sampson]

@bridger_penningtonfx I''ve been to some very poor places. Iraq, Israel, Pakistan? That what inspired me to learn trading.

[@bridger_pennington]

👍🙌🙏🔥

[@--GG--200]

Pot seller

[@davidcooper177]

What kind of educational background do you need?

[@bridger_pennington]

Starting a hedge fund doesn’t require a specific degree, but many have backgrounds in finance, economics, or business. What matters most is understanding investing strategies, markets, and regulations.

[@jesusson7536]

🫡🫡🫡🫡🫡🫡

[@bridger_pennington]

🔥🚀