Raising Finance.

[smarks999]

Hallo to all,

don't know how relevant this is, but I am going to ask anyway.

Does anybody have any idea, info, knowledge or contacts with regards to raising finance.
Obviously I am aware of the usual, in terms of audited accounts and Min 6 month record requirements, but I am pretty sure there is more to it. Also considering the current status of institutions.....surely there must be other HNW individuals and institutions who are looking to invest with smaller boutique houses.

Many thanks for any help.

 

[Ermine]

Hi there,

HNWI's give you their money thru designed platforms (hedge funds, alternative investment programms at banks) or if they are your buddy.

If you have a case (model, approach etc), write it down and propose it to an existing hedge fund (Selling yourself to them). Many won't even answer, some will. However you sure get many sort of feedbacks and maybe, who ever knows, a mandate.

Believe me, as easy it sounds so few people actually try to sell themselves to hedge funds.

Ciaoaoao

 

[Directional]

Are you talking about raising finance to trade the markets with? Or raising finance to bankroll a business venture? Or raising finance to buy a used car or patio with?

You aren't really giving enough information about what you want to do for anyone to give you any worthwhile advice.

 

[smarks999]

Sorry, just assumed.

It is certainly to trade with. Obviously this is not in terms of knocking on a door asking for money, but the obvious fact is it is not that easy so I am merely asking for advice. Apart form having a decent track record and audited accounts I have little knowledge of the actual process.

 

[TWI]

Best to go into an incubator unless you have the moeny to set up structure and go through FSA and also can ensur you have independent risk, operations and a good administrator. Without this you will not get through due dlligence process. It is hard out there right now and a start up without something special, excelelnt infrastructure and the right background/track record will struggle for funds

 

[Directional]

ok. if you got real-money statements already, and if your numbers are good enough then you may be able to get backing from one of the prop firms. Were you planning to trade from one of their offices?

 

[smarks999]

Already backed by a prop firm in the city. The problem is bridging the gap between prop and Institutional management. Incubators are a good option but the current AUM is not significant enough to cover the fixed costs involved. Set-up costs are not the concern, but actually funding the ongoing operation on such a small account poses a big problem. It is true though in the current conditions raising finance is extremely difficult......unless you have an uncle who happens to own and oil field.