Hedge Fund Shells For Sale


Listing ID: 700189335

Listing Title: Hedge Fund Shells For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=189335

Industry: Business Services

Industry Segment: Financial

Country: United States

State / Province: Delaware



Asking Price Range: < $250K

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2005

Number of Employees: 1 - 3

Business Description:
Two Delaware Hedge fund shells for sale: one Global Macro, one L/S Equity. The two hedge funds have been in existence since 2005, but with no client history to account for. The funds allow for very flexible investment styles/strategies and hedging activities. They have associated bank accounts, a prime brokerage/trading account, and long-term Delaware residence history. Offered at $30,000 for straight sale. Offered for sale by principal/owner, a well-known financial editor, trader and private equity/M&A consultant. Principal may consider a JV of some sort including ongoing asset management and AUM fund-raising with a meaningful partner, as long as hedge funds are purchased or there is a cash-in up-front. Globalbx insisted on a real estate, revenues and cash flow designation but there is no real estate included with these funds and they have no revenue/cash flow.

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