Disliked{quote} The formal structure for managing OPM that I have seen the most is this: LLC created and used as a general partner to an LP or LLP. The investors will come invest through the LP. Your salary is paid through the LLC General Partner management company. I have also mostly seen/heard about the traditional 2 and 20% structure from the few hedge fund managers that I have talked with. Personally, I prefer 5% hurdle rate (I [will hopefully eventually ]) guarantee investors 5% annually) and any gains over that, I am compensated with 25% of the...Ignored
PS: Please let me know if you get to stage 2.