Author Topic: Banks to recommend for Hedge Fund  (Read 1198 times)

abyli

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Banks to recommend for Hedge Fund
« on: October 01, 2020, 09:57:23 AM »
We are starting a hedge fund next January in US. I just realized that most big banks do not want to do business with hedge funds. Opps.

Friends, do you have any banks in US that are willing to work with hedge funds?

Thanks,

Bing


winjitsu

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Re: Banks to recommend for Hedge Fund
« Reply #1 on: October 01, 2020, 10:46:57 AM »
What are you looking for. A prime broker (holding funds + trading)? Or capital introductions (raising money)?

All the big banks do both, but you need a certain amount of assets.

BG2008

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Re: Banks to recommend for Hedge Fund
« Reply #2 on: October 01, 2020, 10:51:25 AM »
Citizens Bank

abyli

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Re: Banks to recommend for Hedge Fund
« Reply #3 on: October 01, 2020, 12:03:06 PM »
What are you looking for. A prime broker (holding funds + trading)? Or capital introductions (raising money)?

All the big banks do both, but you need a certain amount of assets.

Just banking account to do Wire transfers. Thanks. Normally banks do not like this kind of business because of the potential risks.

abyli

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Re: Banks to recommend for Hedge Fund
« Reply #4 on: October 01, 2020, 12:03:58 PM »
Citizens Bank

Called them, they seem have no clue. Thanks though.

Gregmal

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Re: Banks to recommend for Hedge Fund
« Reply #5 on: October 01, 2020, 12:07:04 PM »
Axos.

muscleman

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Re: Banks to recommend for Hedge Fund
« Reply #6 on: October 01, 2020, 04:11:26 PM »
Why not just use the broker for wire transfers? I know IBKR and others support wire
I am muslceman. I have more muscle than brain!

kh812000

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Re: Banks to recommend for Hedge Fund
« Reply #7 on: October 13, 2020, 02:24:15 PM »
Why dont you reach out to CIBC Bank.  They deal in HF management co accounts.  If that's what you're looking for...

Dylan Reynolds Dylan.Reynolds@cibc.com

BG2008

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Re: Banks to recommend for Hedge Fund
« Reply #8 on: October 15, 2020, 01:05:52 PM »
Citizens Bank

Called them, they seem have no clue. Thanks though.

Try

Brian Sweeney
215-205-7070
Brian.Sweeney@citizensbank.com