Hedge Fund Structure Explained: GP, LP, Fund Manager, Prime Broker and Administrator

In this video, we break down the intricate structure of hedge funds, focusing on the roles of General Partners (GPs), Limited Partners (LPs), fund managers, prime brokers, and administrators. You'll gain a clear understanding of these essential components and how they work together, enabling you to discuss hedge fund operations with confidence. 0:00 – Welcome to CandiMentor — in this video we're breaking down Hedge Fund Structure Explained: GP, LP, F 0:14 – The Hedge Fund Ecosystem 0:26 – Hedge Fund 0:38 – The Core Structure 0:53 – Five Core Stakeholders 1:07 – GP Versus LP 1:22 – General Partner 1:34 – Limited Partner 1:46 – Who Does What? 1:58 – Fund Manager Responsibilities 2:09 – A Manager’s Trading Day 2:23 – GP Versus Fund Manager 2:37 – From Idea To Trade 2:50 – Prime Broker 3:02 – Prime Broker Services 3:16 – Prime Broker Versus Custodian 3:31 – Fund Administrator 3:45 – How NAV Gets Produced 4:00 – Net Asset Value 4:13 – One Number To Protect 4:26 – Money And Incentives 4:38 – Management Fee 4:52 – Performance Fee 5:04 – Gross Versus Net Return 5:18 – Investor Subscription Flow 5:30 – Investor Redemption Flow 5:43 – Terms Interviewers Expect 5:58 – Controls And Interview Logic 6:11 – Decision Maker Versus Control Layer 6:26 – Common Interview Questions 6:42 – The Operating Ecosystem 6:57 – The Complete Mental Model 7:12 – And that's a complete breakdown of this topic, from start to finish. If it helped you understand thi Understanding the structure of hedge funds is crucial for anyone interested in finance. We covered the roles of key stakeholders and their responsibilities, providing you with insights into how hedge funds operate. If you found this video helpful, please like, subscribe, and share your thoughts in the comments! Dive deeper into the world of finance with us and enhance your knowledge. #HedgeFundStructure #FinanceEducation #InvestmentManagement #HedgeFunds #GPvsLP #PrimeBroker #FundAdministrator #AssetManagement #FinancialServices #Investmen

Added 20 Oct 2026