Showtime/ "Billions"
But there are many more fund launches that attract much less attention, with some of those failing to get off the ground at all.
What does it take to launch a fund these days? We asked Wall Streeters who work in the space - namely those that work in capital introductions, introducing potential investors to fledgling start-ups.
Here's what they had to say. We've lightly edited transcripts from meetings and emails with those we interviewed.