How To Set Up A Hedge Fund
Editor’s Note:
The following is an interview done by Dave Goodboy in conjunction with
RealWorldTrading.com.
After you read the interview, talk about it
here.
Brice
Hi, My name is Dave Goodboy. I
am executive producer of Real World Trading. Traders and money managers often
dream about one day running their own hedge fund, managing large sums of money,
and competing head to head with the world’s top traders. For many, this
dream remains an unfulfilled desire since they really don’t know where to
begin. My guest this week will answer your questions, simplify this often
complex subject, and point you in the right direction. Her name is Hannah
Terhune and she is chief attorney and member manager of GreenTraderLaw an
international law firm that specializes in hedge funds. Get ready for a tours
de force education!
Dave:
Greetings Hannah, Thank you for joining me today.
Hannah: Thanks for
having me.
Dave:
Let’s start right at the beginning. Exactly what is a hedge fund?
Hannah: Although there is no
universally accepted definition of the term “hedge fund,â€
the term generally is used to refer to an entity that holds a pool
of securities and perhaps other assets, whose interests are not sold in a
registered public offering and which are not registered as an investment company
under the Investment Company Act.
Dave:
When you say securities and other assets—