Starting a Fund
Thank you for taking the time to understand how Gemini can help you grow your business.
Gemini partners with investment companies to deliver successful, comprehensive pooled
alternative investment solutions. We are a customer-focused, full service provider
specializing in partnering with Investment Advisors looking to start a new fund.
Gemini started as a mutual fund servicing company in 1983. Since that time, we have
leveraged our mutual fund expertise to service the hedge fund and alternative investment
industry. We are seeing investors increasingly demand transparency and independent
oversight from their hedge fund advisors. And choosing Gemini will help you meet
those demands. We are SAS 70 compliant, can offer daily NAV services if required
and we have even helped advisors create registered (40-Act) mutual funds that mirror
their alternative investment strategy.
Gemini differs from many service providers who only focus on hedge funds because
we are able to leverage our pre-existing accounting, administration, and transfer
agency systems. This allows us to provide additional services to you, at no additional
cost, rather than referring you to third-party vendors or charging you additional
fees in order to build the technology in house. We administer a variety of strategies,
ranging from distressed debt to asset backed securities to foreign equity to private
placements.
Gemini’s mission and passion is to provide the best service in the industry. We
take pride in our company which shows in our service. Gemini is small enough to
deliver personalized attention but large enough to attract, retain, and deploy world-class
talent. Unlike big firms, we do not lose you in layers of bureaucracy or impose
the huge overhead costs of a mega-organization.
How We Can Help You Start a Fund
Alternative investments are popular with advisors seeking to attract high-net-worth
clients. But starting a fund can seem a daunting and expensive undertaking. Gemini
has helped launch many new funds and is quite adept at the process. The following
illustrates the tasks and timescales typically associated with starting a new fund.
We have an extensive network of other service providers that we will gladly introduce
you to including outside counsel, prime brokers, auditors & marketers.
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Amount of Time
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Gemini’s Tasks
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Your Tasks
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Immediately
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- Dedicate a person from our team to the relationship with you
- Refer you to outside counsel to prepare all documents
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- Dedicate a person from your team to the relationship with Gemini
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One to three months
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- Coordinate weekly calls during the implementation process
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- Dedicate a person from your team to the relationship with Gemini
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Two to four weeks (towards end of one to three months)
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- Review all legal documents.
- Set up all necessary bank accounts
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- Send all legal documents to Gemini for review
- Open prime brokerage or custodial account and provide online access to Gemini
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