When you’re creating your very first investment fund, it’s critical to keep control of your startup capital. That’s why you need to know where you can make savings.
Typically, one such area is with your law firm.
Most of our clients originally appoint their law firm to deal with fund formation (many law firms offer fund formation services).
However, almost all of our clients have been shocked to discover how much these law firms charge to go through the fund formation process. In fact, on average, our clients have received fund formation quotes between $30K USD $35K USD.
What’s more, most of these law firms don’t offer comprehensive fund formation services. They simply leave aspiring fund managers short, which leads to even more cost.
But there is a better way. Creating a fund doesn’t need to cost you $30K – $35K.
In fact, you can do it for as little as $10K with Ifina – and have peace of mind that we every facet of fund administration covered.
How do we do it? Unlike other fund administrators we don’t charge for re-inventing the wheel.
We simply create a legally segregated sub-fund on our existing Cayman Fund Platform. This provides fledgeling fund managers with a low-cost professional fund solution.
This fund solution accommodates a full spectrum of asset classes. This includes equities, fixed income, derivatives, foreign exchange, real estate, private equity and venture capital.
If you’re serious about creating your own investment fund, please email me. I’d be happy to arrange a call to discuss your plans.