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Setting up a simple investment vehicle as a side business

Hey Guys,

I'm starting to think about starting some kind of investment side business, and therefore for modesty reasons won't call it a fund or even a firm, but rather a "vehicle", since I wouldn't have people working for me nor an office.

To make it short, I am wondering if such a thing is possible and if yes, how the hell can a thing like that be setup.

So is it even possible in most legislations to effectively invest other people's money as a side business, without the whole regulatory, prospectus and etc. hassle ? I am talking about very small capital and nothing publicly traded or that has directly to do with financial markets.

So maybe some kind of limited partnership ? Has anyone any kind of experience with this type of stuff ?

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