codecritic

Yes there is an advantage. US investors could be assessed at long-term rather than short-term capital gain rate by using such type of structures. I simply argue that this is not a core part of a quant fund's business. Any capable hedge fund could hire lawyers to set up such structures.

Taxes on trading profits are not paid on each trade. A losing trade cancels out some profits from a winning trade, and tax will be assessed at the aggregate each financial year. Tax optimization contributes to the financial success operationally, but not is a core part of a quant fund's business.

Call me if you only have $500 mil ;)

No, it does not generate a maze. It generates a random sequence of \s and /s, that can trigger a maze being generated in a typical user's mind.

This is the art of illusion.