This is to all newcomers to this thread:
Relax, have fun, invest.
Some of the better traits for looking after other people's money is stress, OCD, look/read/calculate, repeat, and have something at risk. Starting a "fund" with no capital isn't going to do it.
There are several established investing funds and they do not need to be listed on GLBSE to commence. My personal favourite is based in Brazil.