Monetary Matters with Jack Farley Enter the Kuppyverse | Harris Kupperman on Brand Building by Blogging at Praetorian Capital | Other People's Money with Max Wiethe
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Nov 6, 2024 
Harris Kupperman, CIO and founder of Praetorian Capital, shares insights from his experience running a hedge fund with over $300 million in AUM. He discusses his unconventional focus on ultra-high-net-worth investors and the benefits of diversifying LPs. Kupperman emphasizes the importance of authenticity in brand building through his blog, Kuppy’s Korner. He also explores the challenges of raising capital, the shift from institutional to individual investors, and the role of intuition in making investment decisions.
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Embrace Compliance
- Compliance, while tedious, is crucial for credibility and attracting serious investors.
- Avoid declarative statements, prioritize fact-checking, and establish a robust compliance function.
506(c) Advantage
- Register as a 506(c) fund to market your fund legally and attract investors.
- The Jobs Act allows for marketing under this designation, changing how funds can raise capital.
Navigating Legal Grey Areas
- Many lawyers lack expertise in 506(c) regulations, sometimes providing inaccurate advice.
- Harris pushed back against his lawyers' doubts and proceeded with the 506(c) designation despite their concerns.