Raising capital for a startup fund is about who you know ...and in many cases, who your parents are.
Meet the Global Center for Investment Fund Studies
Successful hedge funds share several key attributes: strong, consistent performance, a management team with impressive professional and academic backgrounds, and a compelling fund strategy. However, the most predictive factor for a startup fund's success is whether or not it has a sufficient critical mass of initial capital at launch. This initial capital usually comes from friends, family, professional relationships that meet the fund’s investment qualifications, or from a major seeder.