Hey superblack, Thanks for reviving the thread. Chanced upon this thread when I, like you, was figuring out how to set up a small boutique fund. I just wanted to compared notes here. I guess the reason why it's near imposible to set up a 'hedge fund' is because obtaining the capital license is difficult. But if I'm understanding the Capital Market Services Act (CMSA) correctly [you can download it at SC's website], under Section 57(2) on page 373, you don't technically need a capital markets license if you're categorized under Schedule 3. Under...
