Hedge fund umbrella companies

rog1111 · Sep 30, 2006, 4:41am

Hi all

Could anyone here recommend a hedge fund umbrella company ? Or ones to avoid ?

We have spoken to one, but don't have much to compare their offering with. Set up is £25k, fees 10% of gross for all services other than tax advice, plus offshore costs deducted from NAV.

If reluctant to name names then a PM would be appreciated

Thanks
rog1111

rog1111 · Oct 2, 2006, 4:02am

...just bringing this message back to the top !

Tuffty · Oct 2, 2006, 10:27am

You question may be confusing to readers.

Where you looking for a company that can then put your money into a number of hedge funds OR

A conpany that could take on the management of a hedge fund?

Directional · Oct 2, 2006, 10:42am

a hedge fund umbrella firm (aka hedge hotel) is a firm that hosts small-intermediate sized & start up hedge funds - it caters for clearing but also (most importantly) all the regulatory FSA legal stuff that is the biggest expense and the most difficult hurdle for a small investment business to effectively tackle.

They usually charge a five figure setup fee and a percentage of profits, or a similar arrangement.

Refco Overseas used to provide these services, presumably this has continued under Marathon.

TWI · Oct 2, 2006, 11:11am

Have a word with ADM Investor Services or Marex. They will provide a great deal if you put the business through them. You will have to negotiate it but should find a happy solution as they all want your business.

rog1111 · Oct 2, 2006, 12:34pm

Abritrageur, twalker thanks, I'll speak to these companies, I couldnt find any sort of listing for them.

Tufty, I think that Arb has answered your question. The current deal on offer is £25k and 10% of gross revenue. The % seems a little high, and presumably should be capped !

rog1111

Directional · Oct 2, 2006, 12:46pm

I think this is the ADM site: http://www.admisi.com/ProductsAndServices/Home.aspx

and this is Refco/now Marex: http://www.marexfinancial.com/our_company.htm

rog1111 · Oct 2, 2006, 12:58pm

Thanks Arb that's great !

rog1111

Sep 30, 2006, 4:41am	#1
rog1111 Veteran Member Member Since Jan 2004 668 Posts	Hedge fund umbrella companies Hi all Could anyone here recommend a hedge fund umbrella company ? Or ones to avoid ? We have spoken to one, but don't have much to compare their offering with. Set up is £25k, fees 10% of gross for all services other than tax advice, plus offshore costs deducted from NAV. If reluctant to name names then a PM would be appreciated Thanks rog1111 __________________ He who knows much about others may be learned, but he who understands himself is more intelligent. He who controls others may be powerful, but he who has mastered himself is mightier still. Lao Tse

Oct 2, 2006, 4:02am	#2
rog1111 Veteran Member Member Since Jan 2004 668 Posts	Re: Hedge fund umbrella companies ...just bringing this message back to the top ! __________________ He who knows much about others may be learned, but he who understands himself is more intelligent. He who controls others may be powerful, but he who has mastered himself is mightier still. Lao Tse

Oct 2, 2006, 10:27am	#3
Tuffty Senior Member Member Since Oct 2003 442 Posts	Re: Hedge fund umbrella companies You question may be confusing to readers. Where you looking for a company that can then put your money into a number of hedge funds OR A conpany that could take on the management of a hedge fund?

Oct 2, 2006, 10:42am	#4
Directional Legendary Member Member Since Feb 2005 2,044 Posts	Re: Hedge fund umbrella companies a hedge fund umbrella firm (aka hedge hotel) is a firm that hosts small-intermediate sized & start up hedge funds - it caters for clearing but also (most importantly) all the regulatory FSA legal stuff that is the biggest expense and the most difficult hurdle for a small investment business to effectively tackle. They usually charge a five figure setup fee and a percentage of profits, or a similar arrangement. Refco Overseas used to provide these services, presumably this has continued under Marathon. __________________ Directory of Prop Trading Firms here. Interesting articles about proprietary trading, including whether you should pay a prop firm for training (don't).

Oct 2, 2006, 11:11am	#5
TWI Legendary Member Member Since Jan 2004 2,496 Posts	Re: Hedge fund umbrella companies Have a word with ADM Investor Services or Marex. They will provide a great deal if you put the business through them. You will have to negotiate it but should find a happy solution as they all want your business. __________________ "I refuse to tiptoe quietly through life only to arrive safely at death"

Oct 2, 2006, 12:34pm	#6
rog1111 Veteran Member Member Since Jan 2004 668 Posts	Re: Hedge fund umbrella companies Abritrageur, twalker thanks, I'll speak to these companies, I couldnt find any sort of listing for them. Tufty, I think that Arb has answered your question. The current deal on offer is £25k and 10% of gross revenue. The % seems a little high, and presumably should be capped ! rog1111 __________________ He who knows much about others may be learned, but he who understands himself is more intelligent. He who controls others may be powerful, but he who has mastered himself is mightier still. Lao Tse

Oct 2, 2006, 12:46pm	#7
Directional Legendary Member Member Since Feb 2005 2,044 Posts	Re: Hedge fund umbrella companies I think this is the ADM site: http://www.admisi.com/ProductsAndServices/Home.aspx and this is Refco/now Marex: http://www.marexfinancial.com/our_company.htm __________________ Directory of Prop Trading Firms here. Interesting articles about proprietary trading, including whether you should pay a prop firm for training (don't).

Oct 2, 2006, 12:58pm	#8
rog1111 Veteran Member Member Since Jan 2004 668 Posts	Re: Hedge fund umbrella companies Thanks Arb that's great ! rog1111 __________________ He who knows much about others may be learned, but he who understands himself is more intelligent. He who controls others may be powerful, but he who has mastered himself is mightier still. Lao Tse

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