Ncal From: Kyle Ramkissoon [mailto: Sent: Friday, May 17, 2013 10:42 AM To: Subject: RE: Question... Neal, I'll get back to you next week on all of these. Kyle J. Ramkissoon Principal IJC Partners, LLC. (p) 0 (c) Original Mes e---- From:Neal Berger To: "'Kyle Ramkissoon"' < >; Sent: May 16, 2013 06:21:00 PM Subject: Question... Hi Kyle, I'm considering to launch a new multi-strategy hedge fund focused on smaller, niche-oriented Managers of the style that we currently invest in through Eagle's View. EFTA00694831
If you are able, can you please give me a rough range of what the following positions are going for these days (if you can break out salary and bonus, that would be great!): Chief Operating Officer #2 guy under myself. Someone who really has experience in managing people, operations, prime brokerage relationships, etc. Pretty senior guy but obviously not Terry Feeney of Millennium Risk Manager- Pretty important role in the Firm. Would have a centralized risk system into which all trades would be fed real time. Risk manager would be responsible for setting risk limits, programming them into the risk system, and monitoring any deviations, etc. Chief Compliance Officer- Obviously an important role. The new entity would likely fall under the relying advisor exemption and would rely upon the registration of Eagle's View Capital Management, LLC which is an SEC registered investment advisor. That said, our current Chief Compliance Officer is good, but, he cannot handle all the moving parts of direct trading with numerous groups, and, a Fund of Funds (Eagle's View) and Advisory Business (Eagle's View). The rule is that we need one Chief Compliance Officer for the new entity and Eagle's View if you are going to utilize the relying advisor. Technology Manager- Since many of the strategies (especially in today's world) may be technologically intense, quantitative, various forms of high frequency or low latency, etc., I need a dedicated technology manager who can deal with all of these issues/matters Account opening/operations person- This person would be very familiar with the inner workings of the brokers and prime brokers. He/she would be in charge of getting various accounts opened, maintaining them, negotiating the best deals for rates, etc. In particular, would be familiar in making the most efficient usage of the capital by knowing how to get cross collateralization deals with certain primes and how to navigate those waters. Operations persons (2)- Regular front office operations people who can reconcile trades with the brokers and deal with regular front office opertions, trade breaks, issues, etc. Secretary/Bookkeeper- General helper to answer phones, staff needs, bookkeeping, etc. Anything else you think I'm missing in the start-up phase? Obviously, we are trying to keep costs as low as possible in the early stages. EFTA00694832
Thanks for your thoughts Kyle. Obviously, if this gets off the ground, we may be able to do some business together. Thanks again! Neal Confidentiality Notice: This communication may contain confidential and/or privileged information. If you are not the Intended recipient or have received this communication in error please notify the sender immediately and destroy this communication. Any unauthorized copying, disdosure or distribution of the material in this communication is strictly forbidden. This communication is for informational purposes only. It is not intended as an offer or solicitation for the purchase or sale of a security or commodity or as an official confirmation of any transaction. This communication does not constitute Investment advice relating to a security or commodity or a representation that any security or commodity is a suitable or appropriate investment for any person. Confidentiality Notice: This communication may contain confidential and/or privileged information. If you are not the intended recipient or have received this communication in error please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. This communication is for informational purposes only. It is not intended as an offer or solicitation for the purchase or sale of a security or commodity or as an official confirmation of any transaction. This communication does not constitute investment advice relating to a security or commodity or a representation that any security or commodity is a suitable or appropriate investment for any person. Confidentiality Notice: This communication may contain confidential and/or privileged information. If you are not the intended recipient or have received this communication in error please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. This communication is for informational purposes only. It is not intended as an offer or solicitation for the purchase or sale of a security or commodity or as an official confirmation of any transaction. This communication does not constitute investment advice relating to a security or commodity or a representation that any security or commodity is a suitable or appropriate investment for any person. The information contained in this communication is EFTA00694833
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