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fund management
4 articles on fund management.
backtestingcryptodeveloper experienceeducationemerging managersexchangesexecutionfund managementfund operationsinfrastructurelive tradingperpetualsquantsecurity
non-custodial
security
education
crypto
fund-management
After every exchange collapse, the same lesson gets re-learned at terrible expense: the risk wasn't the trading, it was the custody. 'Non-custodial' automation means your capital never leaves your own exchange account — and knowing how to verify that...
Jonny Bravo -
crypto-funds
infrastructure
fund-management
market-structure
The tools built for equity funds quietly break on crypto. Markets that never close, funding payments that dwarf the spread, fragmented liquidity across a dozen venues, and data that arrives messy — these aren't edge cases, they're the terrain. A fund...
Jonny Bravo -
emerging-managers
fund-management
career
operations
Making money on your own account proves your edge. It doesn't prove you can run a fund. The gap between the two is everything that has nothing to do with trading — investor accounting, fair valuation, fee structures, audit trails, multi-account opera...
Jonny Bravo -
fees
high-water-mark
investor-alignment
fund-management
Fund fees have a reputation for being where managers quietly take more than they earned. They don't have to be. The high-water mark and the hurdle are elegant, century-old ideas that align a manager's payday with their investors' gains. Here's what t...
Jonny Bravo -