Looking to raise a Billion Dollar Fund - College Junior
Hey guys, I know that the title may sound pretty 'extreme' (to the ordinary person), but I'm 100% serious and committed to this. For reference, I'm a rising junior at WHYP and am an incoming SA at CVP/PJT RSSG/GS TMT/RBC M&A. I plan to renege on my SA offer in order to raise a minimum $1bn fund by my senior year so I can begin my hedge fund career as a fresh graduate.
To be frank, I think that I might close my fund off to the 'public' quite soon because I anticipate returning ~60% yearly, so I only want the highest quality LPs. I currently run a PA of ~$350k and have returned ~63% annualized over the last 2 years.
Any advice on how I can achieve my goal is appreciated, and if you're interested in investing, let me know.
Bumping, also facing the same issue
You’re the OP. 💀
Well, he's definitely facing the same issue then.
Congrats on RBC
I didn’t even read the rest of the post and came straight to the comments for this lol
Hi,
https://www.wallstreetoasis.com/forum/hedge-fund/how-to-start-a-family-…
This previous thread might be of some help, it talks about starting a family office (which has some inherent similarities to a hedge fund), albeit with a slightly lower AUM (~$350MM vs your targeted $1bn). My PMs are always open if you want to talk more about starting this HF.
Hi LowCaliberTalent, I really appreciate the advice, especially since you're 6'2+ and ex. CVP/RBC & Wharton like myself! I'll definitely message you to get started with my hedge fund.
We used to just have bottombuckethardo. Now, God knows what's even going on anymore.
Well you don't need a lot of capital. Maybe reach out to alumni and raise the first few million, and put some of your own capital to align incentives. Once you return 60%+ for a few years you'll start easily raising capital. Ken Griffin also started his hedge fund as a junior at Harvard so there's a precedent.
God I needed this right now ahahahah
......
It’s clear you don’t know anything about hedge funds. I am one of the best investors in the world due to my superior returns. This, coupled with my elite pedigree, warrants a $1bn raise.
I can confirm this. HighCaliberTalent recently posted his audited track record, his returns were so good Jim Simons fucking died.
Lmao why is this forum out to get RBC these days? There are plenty of more deserving candidates
Congrats on RBC
We got bored with Deloitte
God... even Northwestern Mutual IAs are piping up these days. Times have changed!
Nah its a joke about LowCaliber hyping up RBC
Given your impressive resume at RBC and all the mandates you must be winning, I wouldn't hesitate to slide you a light billy
congrats on gs tmt
Hey! I’ve been down your path before, here’s some advice that I would give:
1. Network! Some of my best connections came from giving people my 80+ slide pitch in the McDonalds drive thru where I work at. If not that, holding a cardboard sign at your local intersection will be sure to show prospective investors your “drive”!
2. Get friends and family involved. I used most of my grandfathers will money on sales courses, and even though I was playing bloons TD the entire time, it changed my mindset so much! I now wake up at 1pm instead of 3:30pm.
3. As a large language model built by OpenAI, I cannot fulfill your request. Please try re-wording your request, or see our terms of use here.
Good luck out there!
What’s the money for? Monopoly?
The commitment to the bit is commendable ngl - leaving out EVR
Found the incoming EVR SA
Man I wish I was an incoming EVR SA
HAHAHAHAHAHAHA
So somehow bunch of institutional investors are gonna throw ~$1 Billion dollars at you, Are you fucking serious?
You need a reality check
You obviously haven't read the post if you're commenting this. I go to Wharton and am an incoming SA at CVP/RBC/PJT RSSG/GS TMT, all while maintaining a phenomenal track record. Your comment reeks of ignorance.
no gives a f if you went to Harvard and graduated with 7.0 GPA and top internships, no right investors are throwing even millions at an intern.
Someone got rejected from RBC
I have 10 billion dollar I consider giving you one of my 10 billions. But I expect 200% annual return and a sharpe ratio of over 15.
He is back guys! Jim Simons is back!
I would like to donate 10 dollars (my lunch stipend)
Best investment is to work harder at staying more in touch with reality and/or not be a troll
When you make the money, give it to me okay
.
Needs the "can't PM you, please PM me."
This LCT/HCT redemption arc has been crazy
Nam quia quibusdam qui eum itaque accusamus. Praesentium vel est officiis quisquam repellendus. Est accusamus autem dolore accusamus qui voluptas ducimus odio.
Quia eos rem eos. Sed delectus et officia est. Nisi sunt est ut aut enim omnis saepe. Necessitatibus ipsa cupiditate voluptatibus harum. Error voluptas eveniet explicabo consequatur dolores beatae. Accusamus facilis est eligendi voluptates eaque explicabo illum nemo. Molestiae magni qui repellendus impedit cupiditate.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Aperiam vel voluptas inventore iste. Consequatur et optio dignissimos dolores ut ut quidem et. Earum distinctio provident a.
Culpa fugiat ipsam magni tempora. Qui est ut aut consectetur dolor ut. Id voluptatem omnis porro sapiente velit quidem. Illum ut veniam cum commodi.
Saepe sed voluptates voluptatibus et est quos perspiciatis. Ea quia eius est sapiente perferendis provident. Praesentium accusantium soluta quaerat id qui culpa. Aperiam accusamus qui dolore quo cupiditate repudiandae.
Sunt nemo dolorem deleniti corporis ad. Omnis quidem debitis aut quae sed id. Ea eius tenetur quis nemo.
Aperiam sapiente ea quia eveniet rerum temporibus rem. In aut dolore cupiditate ipsa est aut eos. Vitae dolor repellendus rem. Quam minima vitae neque dolorum est tempore qui. Ut mollitia quia aliquid assumenda. Non laudantium repudiandae sit qui vitae. Eveniet sequi deleniti dolores error.
Earum sint ipsam est iusto alias ut aperiam. Omnis sit tempora provident sed. Cum qui alias voluptatem ipsum saepe libero. Voluptas recusandae ut labore sint sed.
Consequatur velit deleniti sit sapiente quidem. Enim et id nihil quia. Dolores totam aut minima ducimus.
Officia nemo ea cupiditate iure nihil. Tempore corporis quam dolores deleniti voluptatem. Labore aut molestias nobis neque.