IraS1@aol.com wrote:
> In a message dated 1/26/2006 3:03:44 P.M. Eastern Standard Time,
> colverd@bivio.com writes:
> TY for
> the response. How would I go about checking into
> doing it legally? And how
> did the likes of Warren Buffett
> set up his first Partnership legally in the
> 1960's. Does the
> number of Investors matter? etc...
>
> I don't know how Warren Buffet did it, whether he was licensed or not. The
> first place to start might be with your state's department of securities
> regulation. At the same time, you may want to review the SEC regs as well.
> This is not something I'm terribly familiar with other than to know to tread
> carefully.
>  
> Ira Smilovitz

TY
ColverD

Dennis,

It's easy to set up a hedge fund, all you need is some lawyers to
help you get the operating agreement and help check out your
investors. The biggest hurdle will be getting appropriate investors
as defined by REGULATION D from the SEC:

http://www.sec.gov/divisions/corpfin/forms/regd.htm

I hope this helps.

Rob

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