One of the benefits of working as an investor is that you don’t necessarily need to manage large teams to make money.
Many of the most well-known hedge funds have very, very low headcounts, with far fewer employees than normal companies in the same revenue range.
But you still need to hire some people once you’ve started your own fund, unless you want to be doing everything by yourself forever (not recommended).
That’s arguably the toughest part of the entire process, especially when you’re just starting out and barely have any management fees to attract top talent.
Our multi-part series on starting your own hedge fund continues today as we do a deep dive into the hiring process and how you can hire the right talent with limited or no resources.
If you ever want to start your own company of any kind, you need to read this – developing winning investment strategies is great, but it means nothing if you have the wrong people.
So here’s how you can avoid all that and get started on the right foot with hedge fund hiring:
Q: So let’s say you’ve just raised funds, maybe around $100 million in AUM, and you’re about to start operating. What does your team look like at this stage?