Three years http://ww.daimonismo.altervista.org/forum/viewtopic.php?f=39&t=1004&p=84707 tubeland As a trader who had dealt with dozens of hedge funds, Miller could not stop thinking about Davianâs frequent remarks about the hassles of setting up a new fund. Davian complained about lawyer feesâa standard hedge fund manager gripeâbut then would let slip that he had been forced to spend âa few thousand dollars on legal bills.â In Millerâs experience, most fund managers would click their heels in joy if they could launch a new fund with less than $75,000 in legal fees.