This website is brought to you by the MIT Investment Management Company. MITIMCo's aim is to be an early partner to the world's best investment firms. The investment returns from these endeavors support MIT's mission of groundbreaking research and world class education.
This website is designed as a collection of resources that are useful for emerging manager stockpickers starting out. We are particularly interested in helping quirky, unconventional emerging managers who want to compound their own capital, and their partners' capital, at high rates. Those looking for information on a conventional path to becoming a fund manager will find better information elsewhere. We know from experience that it is possible to start out as a quirky firm with $5 million of AUM and little in the way of track record, and generate exceptional results at increasing scale for a long period of time. We have seen this done, and our goal on this site is to share both inspiration and practical steps for newer firms who are looking to build something special. These start-up investment firms often "bootstrap" themselves because they do not have a track record or pedigree to raise much money, or are just unorthodox. So, we have made sure to include information about running your firm on a low budget
This website is a work in progress and we plan to make it a lot better over time. To do that, we want to feature more content from emerging manager stockpickers themselves, who have been in the trenches bootstrapping their firms. If you have words of wisdom or content to share - anything from your budget, to how you solved a particular problem many emerging managers face, to other resources or service providers that made your life better - please reach out via the contact page.
Of course, MITIMCo works with a variety of different types of firms, not just stockpickers. We work with real estate investors, private capital and growth equity managers, venture capital firms, and hedge funds. This page is really only relevant to stockpicking emerging managers, however, who really can start with just a few million dollars of AUM and a 1 or 2 person shop. To learn more about MITIMCo's broader emerging manager activities, click the button below.
At critical moments in time, you can raise the aspirations of other people significantly, especially when they are relatively young, simply by suggesting they do something better or more ambitious than what they might have in mind. It costs you relatively little to do this, but the benefit to them, and to the broader world, may be enormous. This is in fact one of the most valuable things you can do with your time and with your life.
If you have started a fund, whether recently or long ago, please consider sharing a mistake or regret from your early days that others can learn from. (Forgive the cheesy photo, we couldn't resist)