January 2010 pledge update below; as mentioned in previous posts we are on track for a summer 2010 launch.  .

Another record month with just under $1.2 million of pledges; this takes the total amount to 95% of the initial goal of $7M.   The total number of investors is now about 190.  I will continue with a more conservative projection of a $300-350K monthly run rate of pledges go forward for the next 5-6 months, which will take us to our goal for funds necessary by next summer. 

If you are a person potentially interested and new(er) to the website, here are the pertinent posts to become familiar with the specifics.

  1. The overall goal and why I'm aiming for $7 approx million [Jan 7, 2008: Reader Pledges Toward Mutual Fund Launch]
  2. Frequently Asked Questions [May 26, 2008: Frequently Asked Questions] Very important to read
  3. Why I need your state [May 23, 2008: Investment Pledges by State] Keep in mind a state's eligibility can be turned on overnight once we're up and running
  4. Most recent updates (this November)  [Nov 4, 2009: General Updates]
  5. Our story in Barron's [A New Kind of Fund Manager]

Let me copy the same caveats for pledges as always:

  1. Assume a pledge amount that is firm based on a fund opening in summer 2010.

  2. Assume at any point in 2010 the market may be down 30% from here
  3. Make your pledge based on liquid assets that are not currently in some high octane mutual fund that loses 40% when the market falls 30%, nor gains 50% when the market gains 40%. That money is not something that can be counted on in a volatile market.
  4. Please have whatever monies are pledged to the fund, in money market or equivalent by April 2010 so it is not at risk in the market.

Format for fund pledge: first name, last initial, pledged amount, and state you live in. To be clear, you are not sending me money that I'm going to hold until launch when you 'pledge' - you are simply making a verbal commitment: when you are up and running, I have $X amount ready to invest. You can attach a comment to this post or as most people do, send me an email (my email address is found on the upper right of the blog) with the above information. I'd prefer an email if possible.

Name

Amount

State/Country

Brian

5,000

???

Heather

10,000

???

Bob B

50,000

AR

Ed S

5,000

AZ

Alan N

15,000

AZ

Armour B

50,000

AZ

Dharminder M

100,000

AZ

Pat L

10,000

AZ

Ron G

10,000

AZ

Art H

50,000

CA

Benjamin W

5,000

CA

Dave K

100,000

CA

Greg B

25,000

CA

Kurt C

10,000

CA

Ron W

10,000

CA

Tom L

25,000

CA

Ted C

5,000

CA

Brian L

50,000

CA

Rich P

30,000

CA

Shannon V

5,000

CA

Sunil K

10,000

CA

Anatoly S

10,000

CA

Wesley W

20,000

CA

Burt B

10,000

CA

John L

5,000

CA

Alven Y

5,000

CA

Piyush M

5,000

CA

Paresh P

5,000

CA

Dinesh K

5,000

CA

Naresh P

5,000

CA

Jay S*

5,000

CA

Shang C

50,000

CA

Henry C

3,000

CA

Charles Y

100,000

CA

George

5,000

CA

Ross T

5,000

CA

James H

5,000

CA

Dana K

25,000

CA

Walt C

30,000

CA

Charles L

20,000

CA

Greg W

20,000

CA

Raj

10,000

CA

Judy M

20,000

CA

Dave H

20,000

CA

Akash A

6,000

CA

Adam S

5,000

CA

F.A.

50,000

CA

Brian C

25,000

CA

Mark R

10,000

CA

Steven L

25,000

CA

Diane H

100,000

CA

Giancarlo S

2,500

CA

Scott W

50,000

CA

Henry C

8,500

CA

Adam B

50,000

CO

Alecia C

75,000

CO

Mike H

15,000

CT

Michelle T (Bob)

20,000

CT

Mark B*

25,000

D.C.

Elaine C

20,000

D.C.

Vic C

10,000

FL

Wes T

10,000

FL

Ron S*

100,000

FL (sailing)

Olivier N

10,000

FL

Bob H

3,500

FL

Chris I

20,000

FL

Dave C

25,000

FL

Kevin D

5,000

FL

Patrick L

100,000

FL

Sandy S

150,000

GA

Andrew L

5,000

GA

Mark L

2,500

IA

Jeff M

20,000

IA

Ian J

5,000

ID

Jay S

10,000

IL

Mike P

500,000

IL

Vivek G

75,000

IL

Ben

10,000

IN

Matt L

5,000

IN

Jake R

50,000

KS

Bill H

5,000

MA

Bruce W

2,500

MA

John B

20,000

MA

Don D

50,000

MA

MB

20,000

MD

Raeann

10,000

MD

Mark

60,000

MI

Ralph B

50,000

MI

May L

30,000

MI

Rich S

5,000

MI

Scott L

7,500

MN

Tom S

20,000

MN

Marshall H

5,000

MO

Wolfgang S

7,500

MO

Nathan J

10,000

MO

George L

10,000

NC

Brian C

5,000

NC

Colleen P

5,000

NC

Paul F

5,000

NC

Adam B

10,000

NJ

David B

50,000

NJ

Frank G

500,000

NJ

Henric B

25,000

NJ

Ryan T

7,500

NJ

B Shah

2,500

NJ

Rama R

4,000

NJ

Richard H

100,000

NJ

Vijay K

75,000

NJ

Howard A

5,000

NJ

Andrew

100,000

NV

Gary M

10,000

NY

Rob T

20,000

NY

Igor O*

500,000

NY

Jason N

30,000

NY

Tim C

20,000

NY

Atul R

5,000

NY

Rob #2

6,000

NY

Marc E

7,500

NY

Bob M

100,000

NY

Felipe V

5,000

NY

Lester B

100,000

NY

Matt Z

5,000

NY

Adam M

10,000

OH

Justin K

30,000

OH

Robert S

2,500

OH

Dilip K

5,000

OK

Blake V

100,000

OK

Ryan

3,000

OK

Bill G

10,000

PA

Jatinder M

10,000

PA

V.K.K.

20,000

PA

Bruce R

100,000

PA

Joe C

10,000

PA

Nathan S

3,000

PA

Robert T

75,000

RI

Heidi H

25,000

RI

Doris S*

100,000

SC

Steve

100,000

SD

Dave S

20,000

TN

Matt S

10,000

TN

Pankaj S

5,000

TN

Joe P

10,000

TX

Doug M

40,000

TX

H.S.

2,500

TX

Ian*

50,000

TX

Phong

10,000

TX

Jason D

5,000

TX

AZ

10,000

TX

Glenn J

5,000

TX

Samba V

20,000

TX

Coby S

50,000

TX

Alex T

10,000

TX

Shane V

25,000

TX

Greg R

20,000

TX

Brian J

5,000

TX

Chair

20,000

VA

Lisa

5,000

VA

Zhong L

10,000

VA

Madhu I

25,000

VA

Brian D

50,000

VA

Jake D

37,500

VA

Kevin L*

125,000

VT

Ron

20,000

VT

Linda A

15,000

WA

Scott R

100,000

WA

Mike H

2,500

WA

Eric S

50,000

WA

Cathy K

20,000

WA

Himalayas

20,000

WA

Tyler

10,000

WA

Danny N

10,000

WA

Jason E

5,000

WI

Gary S

10,000

WI

Jason

10,000

WV

Paul

100,000

Z-Austria

Stan T

10,000

Z-Canada

Steve L

10,000

Z-Canada

Brian M

5,000

Z-Canada

Stockspeter

7,500

Z-Canada

Anurag V

20,000

Z-Germany

Ken

250,000

Z-Hong Kong

Nick E

30,000

Z-New Zealand

Adrian C

75,000

Z-Romania/EU

S.E.H.

12,500

Z-Singapore

Junyuan

2,500

Z-Singapore

Tomaz K

20,000

Z-Slovenia

Ward P

2,500

Z-Sweden

Anil

25,000

Z-Switzerland

KP

5,000

Z-UK

Nestor T

25,000

Z-Uruguay

Harsh N

5,000

Z-UAE

Total

$6,637,000

Goal

$7,000,000

% of Goal

94.8%

To Go

$363,000