Where can you get seed capital for a new hedge fund?

Reminds me of that old song, variously entitled Daisy or Bicycle Built for Two, “If you can’t afford a carriage, you can’t afford a marriage.”

When you incorporate the management company you will at least need the money for the lawyer, fees, and par value of the company stock. As for the money in the fund, that is what your management company capital is for — chasing down investors to put money in the fund you are wanting to manage. As with any good company, you either need to find good employees (if you are the sole proprietor) or a good partner or a group of investors to be stockholders.

BTW, Forbes is famous for highlighting a new fund founded by some enterprising person (I remember one with a college kid who probably got a good seeding from a rich dad or by being a whiz at stock picking contests where he ran his savings in real stocks on the side, in an account his father or grandfather signed for; and another one was a retired rocket scientist that had a neat math formula for stock picking to try out). Maybe you could tell them your story, but that would probably have to be AFTER you started some real funds a moving.