Hedge Fund Administration with Amy Zhang

Amy Zhang, owner of a San Francisco-based hedge fund administration firm, Affinity Fund Services, is our guest to answer the top seven questions investors might ask about hedge fund administration. Amy Zhang is the managing member of Affinity Fund Services, a hedge fund administration firm based in San Francisco.  Her firm prepares monthly accounting records, annual financial statements for hedge funds across the country, and consult with emerging managers on start-up process.  Ms Zhang is a licensed CPA in CA.  She’s a member of AICPA and CFA Institute.  In addition to running her firm, Ms Zhang leads Entrepreneur Subcommittee at CFA Society of San Francisco. Web: http://www.affinitycpa.com/ The media loves to talk about hedge funds, the managers making huge profits, and investor loss of capital and confidence. In this episode of Money Talk Radio, Amy Zhang, CPA, of Affinity Fund Services offers insight into the hedge fund start-up process, fund raising and capital contributions. Amy will discuss: (1) media treatment of hedge funds; (2) when it is a good time to start a hedge fund; (3) the common reasons a manager starts a fund; (4) the business plan; (5) causes of hedge fund failure; (6) the challenge in raising funds; and (7) how much it really costs to manage a fund.