How To Start A Fund Without A License

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  • Опубліковано 14 кві 2023
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    ABOUT BRIDGER PENNINGTON
    Bridger Pennington is the founder of 2 investment funds that have done over 217 deals in the last 4 years. Additionally, he currently manages an 8 figure hedge fund Ugly Unicorn and is a strategic advisor to 8 portfolio funds.
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КОМЕНТАРІ • 45

  • @cremls
    @cremls Рік тому +3

    Awesome video, I'm spending time watching all you videos, great information, we'll get started soon (I hope) \m/

  • @SimonGranner
    @SimonGranner Рік тому

    Dude you have some insane value on your channel. Love the whiteboard + talking head style

  • @NestaAstern
    @NestaAstern 3 місяці тому

    Thank you!

  • @ADobbin1
    @ADobbin1 4 місяці тому +3

    Find someone who is willing to lend you money, manage a personally managed investment portfolio funded by that borrowed money and then pay them back over a couple of years. Starting the fund isn't hard or complicated. Finding the people to lend you the start up money is. You can use a bank but the amounts they are willing to lend is generally low and the interest rates are usually stupid high. Borrowing to start up is uncomplicated and you wont have legal problems. When you try and get investors is when it starts getting complicated and you start having legal issues.

    • @ChaceBonanno
      @ChaceBonanno 4 дні тому

      Do you mean using debt to fund an incubator fund and then raising capital at a later stage? Instead of resorting to friend and family or personal savings for seed capital?

  • @cuongvitruong
    @cuongvitruong 5 місяців тому +2

    Thanks for making this inspirational video about how to start a hedge fund. I don't think I have a network of people that would support me to start any type of hedge fund. I'm not the type who would start a hedge fund. However, if hedge fund companies start opening Forex trading prop firms or stocks market trading prop firms, I would work as a trader and trade stocks or the forex market for those types of hedge fund companies.

  • @ranzhang0822
    @ranzhang0822 Рік тому

    You are awesome dude, great info videos for beginners😁

  • @nijeecooper621
    @nijeecooper621 4 місяці тому

    Great video! Appreciate the information boss!

  • @mikecrown1646
    @mikecrown1646 4 місяці тому

    At the state level you are the investment advisor representative. The registered investment advisor is usually the firm but it can be a person. At the federal level you are a federal covered advisor. Licensed investment advisor also licensed broker/dealer. Also you will never need a series 65 for real estate funds if it’s actually real estate and not reits buildings are not securities. I do like your videos hope this information is helpful.

  • @user-mm2pb5uu6n
    @user-mm2pb5uu6n 3 місяці тому

    Can you explain why choose a LP instead of having investor invest into a series LLC?

  • @Flandria55
    @Flandria55 Рік тому

    Where to get a Partnership Agreement at a fair price????????

  • @PeaceChanel
    @PeaceChanel 2 місяці тому +1

    Peace.. Shalom.. Salam.. Namaste
    🙏🏻 😊 ✌ ☮ ❤ 🕊

  • @howardbarrett9131
    @howardbarrett9131 3 місяці тому

    You still have to “register” as an exempt investment advisor. So, along with obvious tax reporting thru the LLP, the government can come and audit everything.

  • @JakobPossert
    @JakobPossert 3 дні тому

    Wondering if you have information about this for the EU, specifically Austria

  • @surge1939
    @surge1939 3 місяці тому

    do you need a serious 65 license for hedge fund or can you also get an exemption registered agent?

  • @user-ul1ku1ds9d
    @user-ul1ku1ds9d 8 місяців тому +1

    You should have questions from subscribers that you answer. It’s great content but it would be nice to have some questions I have…..just a thought…

  • @Joseph-zj2mq
    @Joseph-zj2mq Рік тому

    5:42

  • @billyocean031
    @billyocean031 Місяць тому

    So glad I found your channel. I work in fund accounting for a financial investment firm where I pretty much manage their mutual funds. One of my colleagues and I are thinking about starting a fund, but we are not licensed. My question is: if we are able to get this thing off the ground, will we pretty much be considered the sole traders and managers of the fund or should we have someone do it for us?

    • @bridger_pennington
      @bridger_pennington  10 годин тому

      I’m glad you found this channel helpful. If you and your colleagues start your own fund at fun lunch we recommend doing all the legal stuff last. Visit fundlaunch.com to learn about our formula.

  • @thebarryman
    @thebarryman Рік тому

    Have you heard of anyone setting up an LP fund structure to place sports bets?

    • @bridger_pennington
      @bridger_pennington  Рік тому

      Yeah we actually have a guy in our Black Card group that does that! Pretty wild

  • @christophertaylorbrown1278
    @christophertaylorbrown1278 Рік тому

    Could a registered I.A be able to raise capital as a "finder" for projects (outside of their own fund) or would they need to be a registered broker-dealer?

    • @bridger_pennington
      @bridger_pennington  Рік тому +1

      I believe both work, I.A.'s earn fees, broker dealers earn commissions (not legal advice, do your own research) but that's my understanding

  • @nor9428
    @nor9428 Рік тому +4

    Thanks for good content!! I think its gonna be intresting for a lot of ppl if u make some video on your crypto fund. Cauz crypto and lets say stocks is kinda different, how to set up custodian, what about of administration companies in crypto, structure of crypto fund like yours and a lot more. where to open crypto fund, cauz i am not sure US is good idea after we see what SEC is doing.
    Also second idea to make a video about different jurisdictions and differences for funds

  • @blaiset.5552
    @blaiset.5552 Рік тому +1

    Great video. isn't the AUM thresholds $100 to be required to register with the SEC vs State?

    • @bridger_pennington
      @bridger_pennington  Рік тому +1

      $100m you need to start transitioning, $150 is the hard stop (not legal advice, but my understanding)

    • @ChaceBonanno
      @ChaceBonanno 4 дні тому

      Generally, with an AUM of $100-110M you can choose state or SEC, and with an AUM >$110M you must register with SEC.
      Additionally, advisors of private funds 14 different states, and AUM must be >$25M. Otherwise, you don’t qualify as an ERA with SEC. Therefore, you need to look to the specific state regulations. Each state’s administrator will handle it differently, as there’s no blue sky laws regarding small ERAs, from my understanding.

  • @adamross6474
    @adamross6474 Рік тому +1

    I’d love to know what tablet you are using!

    • @bridger_pennington
      @bridger_pennington  Рік тому

      ipad 11inch

    • @galactic25
      @galactic25 11 місяців тому

      @@bridger_pennington what is the app you use for the white board to show on video?

  • @jigneshsoni9263
    @jigneshsoni9263 3 місяці тому

    what is the difference between Private Equity Fund and Hedge Fund?

    • @ryanonline4817
      @ryanonline4817 Місяць тому

      Private equity is buying and selling businesses. Hedge funds manage stocks for people.

  • @romeozertuche
    @romeozertuche 5 місяців тому

    Do you have a fund for non accredited investors to invest and to partner with? I am looking to offer a fund to invest to my US clients and the option for them to partner with the fund so they can promote it as well as their own (white-label).

    • @bridger_pennington
      @bridger_pennington  5 місяців тому

      You can look at Reg A and Reg CF funds if you want to raise from a lot of non accredited investors, also here's a quick video on my thoughts from raising from non accredited investors ua-cam.com/users/shorts5jh8uQGNj7k

  • @rashuinzam2693
    @rashuinzam2693 Рік тому

    I am from Bangladsh. Is it possible to get funded?

  • @rashuinzam2693
    @rashuinzam2693 Рік тому

    Can i get your email