Hedgia Partners with Axos Bank

A hedge fund cannot accept its first wire until it has a bank account in the fund's name. Getting that account has long been one of the slower steps in a launch: a separate application, entity documents sent back and forth, and weeks of waiting before anything is live.

That step is now gone for Hedgia managers. We have partnered with Axos Bank, and every fund launched on Hedgia gets its own bank account at Axos, opened as part of the launch flow itself. No separate application, no branch visit, no second institution to chase.

Why Axos Bank

Fund banking has specific requirements. The account must sit in the name of the fund entity, not the manager. It has to exist before subscription documents go out, because those documents tell investors where to wire. And the institution holding investor capital has to be one your investors trust.

Axos is a federally chartered digital bank with decades of experience serving businesses and investment funds. A newly formed fund LLC with no operating history is a normal customer there, not an edge case.

One account per fund, separate from everything else

Each fund launched on Hedgia gets its own dedicated account. Fund assets stay separate from your personal finances and from the management company's operating money. That separation matters: commingled accounts are among the first things auditors and investor counsel look for, and your subscription documents assume capital lands in an account the fund owns.

Deposits at Axos are eligible for FDIC insurance up to the standard limit of $250,000 per depositor, per ownership category.

What the partnership removes

Before this partnership, a manager who formed an entity through Hedgia still had to take that entity to a bank and start over. Here is what the change removes.

From launch to first wire in three steps

1. 1Launch your fund on Hedgia and complete entity formation.
2. 2Your fund's bank account is opened automatically through Axos Bank.
3. 3Receive your account details and start accepting investor capital.

Where banking fits in the launch

Banking is one piece of the launch stack. A complete launch also needs entity formation, a PPM, an LPA, subscription documents, a Form D filed within 15 days of first sale, and state Blue Sky notices. Hedgia handles all of it in one flow; the full list is in our legal documents checklist. Done the traditional way, that stack costs $50,000 to $100,000 or more in legal and setup fees. On Hedgia it costs $0 upfront.

The Axos integration is live today for every fund launched on Hedgia, across all 8 states where the platform operates.

What the partnership does is remove banking from your launch plan entirely. By the time your documents are signed, the account already exists.