Can I run more than one fund?
Yes, and each one is its own complete institution. Every fund gets its own wallet, its own rules, its own CEO with its own directives, and its own track record. Run a calm fund and a bold one side by side, or split by domain, soccer here, macro there, and let their receipts compete.
Separate wallets, separate everything
Funds don't share a pot. Each has its own non-custodial wallet, its own caps and conviction floor, its own whitelist, its own memos. A drawdown in one never spills into the other, and each record stays clean enough to judge on its own.
What Chairs actually use it for
- Temperament split A calm fund with tight caps, and a small bold one with looser dials, to see which philosophy earns its keep.
- Domain split One fund living in soccer markets, another on macro questions, each CEO steered deep instead of wide.
- The test bench Try a new rule set with a small wallet before promoting it to the main fund.
Compare them like a real allocator
Same memos, same grading, side by side, running two funds turns you from a Chair into an allocator: you're no longer just steering one strategy, you're funding the ones that prove out. Start with one, though; learn the rhythm before you multiply it.