If interested in starting an opportunistic credit fund what are some steps one should take now whether systems will likely need or licenses, etc

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Run the backend outside the US. It’ll be a game changer. What assets would you trade/invest in?

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Yeah, it depends on what you’re looking for really. Some jurisdictions offer insane leverage. That’s actually what we’re doing ourselves.

Depends where you are located. Regulations are heavy. Also careful thought into fund structure, service providers and LP’s.

You need fund auditor, custodian, reg compliance. In terms of domicile. Cayman, lux (Raif, Sicav etc) you need a prime broker if you are trading publics.

In terms of a pre packaged product if you are in Europe google FCA regulatory hosting.

It’s more work than you could imagine to set up a fund. Incredibly expensive.

Perhaps set up and SMA within someone else’s fund. Could be cheaper to start

Non of this is advice.

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