Below is a short article from Dealbook on starting a hedge fund right now. This is a great article because it bridges some of the gap between what most professionals would expect to be happening in this space and what is actually happenning, which is the explosion of new hedge funds coming out into the industry. The article discusses how a few managers are finding opportunities in starting their funds because of the gating clauses, liquidity issues, and lack of institutional processes that some investors have suffered from. Here is an excerpt from the article:

In a small office in London’s upscale West End, three veterans of high finance are getting ready to start their own hedge fund.

It’s a scene that was common enough in the world’s financial hubs during the boom years. But in the post-Lehman, post-Madoff and post-credit-crunch world, starting a hedge fund has become harder, riskier and potentially less lucrative. So why do it? That’s what DealBook recently asked Mahmood Noorani, one of the founding partners of the new London-based fund, Gyldmark Liquid Macro Fund.

“We think it presents an opportunity to finally do things right,” he said about the timing of the new venture. “And it was the events of 2008 that convinced us that the right time is now for what we want to do.”

Mr. Noorani, along with his partners, Alastair Hollingdale and George Hatjoullis, may represent the new face of the hedge fund start-up: arrogance and mystery are out; liquidity and transparency are in.

These are not fresh-faced recent college grads hanging out a shingle, as so often seemed to be the case as hedge funds proliferated just a few years ago. Gyldmark’s three founders have worked in finance for decades and held senior roles at bulge-bracket firms llike Morgan Stanley, Credit Suisse and Bank of America. Mr. Noorani and Mr. Hatjoullis were most recently portfolio managers at BlueCrest Capital, a large hedge-fund firm based in London. Read more…

Tags: Hedge Fund, Hedge Fund Startup, Why start a hedge fund, hedge fund startups in 2009, forming a hedge fund, alternative investments, why hedge funds are being started

Below is a short article from Dealbook on starting a hedge fund right now. This is a great article because it bridges some of the gap between what most professionals would expect to be happening in this space and what is actually happenning, which is the explosion of new hedge funds coming out into the industry. The article discusses how a few managers are finding opportunities in starting their funds because of the gating clauses, liquidity issues, and lack of institutional processes that some investors have suffered from. Here is an excerpt from the article:

In a small office in London’s upscale West End, three veterans of high finance are getting ready to start their own hedge fund.

It’s a scene that was common enough in the world’s financial hubs during the boom years. But in the post-Lehman, post-Madoff and post-credit-crunch world, starting a hedge fund has become harder, riskier and potentially less lucrative. So why do it? That’s what DealBook recently asked Mahmood Noorani, one of the founding partners of the new London-based fund, Gyldmark Liquid Macro Fund.

“We think it presents an opportunity to finally do things right,” he said about the timing of the new venture. “And it was the events of 2008 that convinced us that the right time is now for what we want to do.”

Mr. Noorani, along with his partners, Alastair Hollingdale and George Hatjoullis, may represent the new face of the hedge fund start-up: arrogance and mystery are out; liquidity and transparency are in.

These are not fresh-faced recent college grads hanging out a shingle, as so often seemed to be the case as hedge funds proliferated just a few years ago. Gyldmark’s three founders have worked in finance for decades and held senior roles at bulge-bracket firms llike Morgan Stanley, Credit Suisse and Bank of America. Mr. Noorani and Mr. Hatjoullis were most recently portfolio managers at BlueCrest Capital, a large hedge-fund firm based in London. Read more…

Tags: Hedge Fund, Hedge Fund Startup, Why start a hedge fund, hedge fund startups in 2009, forming a hedge fund, alternative investments, why hedge funds are being started

Blood on the Streets

Blood On The Hedge Fund Streets

While the economic conditions have shut down many funds and exposed fraudulent activity it has also created a unique set of opportunities for a small subset of traders and portfolio managers within the industry. The hedge fund and private equity industries are as entrepreneurial as ever.

In Q1 2009 there are hundreds of New York and London based hedge funds being started to take advantage of high volatility, historically low asset prices, and relatively cheap talent hungry for a fresh start. Many of these young hedge funds and private equity groups are not yet on the radar of institutional databases or mainstream media outlets but by Q3 and Q4 of 2009 they will be, and we will be able to see how many funds have been started around the world. I believe these figures will be high and will spur even more startup activity as others move to seize the current market opportunities.

Read dozens of hedge fund startup related articles within our Hedge Fund Startup Guide or over 50 articles on raising capital for hedge funds within our Marketing & Sales Guide.

Related to When There is Blood On The Hedge Fund Streets

1. Top 5 Tips for Starting a Hedge Fund (Part 1 of 2)
2. Top 5 Tips for Starting a Hedge Fund (Part 2 of 2)
3. Raising Capital With Tenacity
4. Hedge Fund Marketing Tools
5. Hedge Fund Seeding
6. Setup a Hedge Fund
7. Hedge Fund Formation | Tips on Forming a Hedge Fund

Tags: Hedge Fund Startups in 2009, Recent hedge fund startups, new hedge fund companies, how to start a hedge fund company, hedge fund opportunities, hedge fund, hedge funds

Blood on the Streets

Blood On The Hedge Fund Streets

While the economic conditions have shut down many funds, exposed fraudulent activity, and also created a unique set of opportunities for a small subset of traders and portfolio managers within the industry. The hedge fund and private equity industries are as entrepreneurial as ever.

In Q1 2009 there are hundreds of New York and London based hedge funds being started to take advantage of high volatility, historically low asset prices, and relatively cheap talent hungry for a fresh start. Many of these young hedge funds and private equity groups are not yet on the radar of institutional databases or mainstream media outlets but by Q3 and Q4 of 2009 they will be, and we will be able to see how many funds have been started around the world. I believe these figures will be high and will spur even more startup activity as others move to seize the current market opportunities.

Read dozens of hedge fund startup related articles within our Hedge Fund Startup Guide or over 50 articles on raising capital for hedge funds within our Marketing & Sales Guide.

Related to When There is Blood On The Hedge Fund Streets

• Prime Brokerage Jobs
• Hedge Fund Operational Support
• Prime Brokerage Global Custody
• Research Services for Hedge Funds
• Precious Metals and Foreign Exchange Services
• Hedge Fund Business Consulting

Tags: Hedge Fund Startups in 2009, Recent hedge fund startups, new hedge fund companies, how to start a hedge fund company, Hedge Fund Startups, Starting a Hedge Fund in 2009

Blood on the Streets

Blood On The Hedge Fund Streets

While the economic conditions have shut down many funds, exposed fraudulent activity, and also created a unique set of opportunities for a small subset of traders and portfolio managers within the industry. The hedge fund and private equity industries are as entrepreneurial as ever.

In Q1 2009 there are hundreds of New York and London based hedge funds being started to take advantage of high volatility, historically low asset prices, and relatively cheap talent hungry for a fresh start. Many of these young hedge funds and private equity groups are not yet on the radar of institutional databases or mainstream media outlets but by Q3 and Q4 of 2009 they will be, and we will be able to see how many funds have been started around the world. I believe these figures will be high and will spur even more startup activity as others move to seize the current market opportunities.

Read dozens of hedge fund startup related articles within our Hedge Fund Startup Guide or over 50 articles on raising capital for hedge funds within our Marketing & Sales Guide.

Related to When There is Blood On The Hedge Fund Streets

• Family Office Example
• Family Office Industry
• Family Office Consultants
• Family Wealth Management
• Economic Crisis
• Financial Advisor Marketing

Tags: Hedge Fund Startups in 2009, Recent hedge fund startups, new hedge fund companies, how to start a hedge fund company, Hedge Fund Startups, Starting a Hedge Fund in 2009