# Budgeting for a Feeder Fund: What Costs Hit First?

**URL:** <https://offshore-funds-hub.discourse.group/t/budgeting-for-a-feeder-fund-what-costs-hit-first/33>\
**Category:** Funds of Funds\
**Created:** [April 13, 2025, 9:11pm UTC](https://offshore-funds-hub.discourse.group/t/budgeting-for-a-feeder-fund-what-costs-hit-first/33 "2025-04-13T21:11:58Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![CharlesBlessed](https://avatars.discourse-cdn.com/v4/letter/c/6de8d8/32.png) [@CharlesBlessed](https://offshore-funds-hub.discourse.group/u/CharlesBlessed)\
**Post date:** [April 13, 2025, 9:11pm UTC](https://offshore-funds-hub.discourse.group/t/budgeting-for-a-feeder-fund-what-costs-hit-first/33/1 "2025-04-13T21:11:58Z")

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Recent chatter about market uncertainty reminds us cash flow matters. For someone starting an FoF, what are the early costs—legal fees, registration, or admin setup? Drop your takes on what to budget for upfront and any surprises to watch out for.