We were optimistic that our H2 fund could be in operation in just 6 months. It took us nine months. We actually spent 18 months getting to the desired stage. And at that point we were only at the majority of our operations were complete.
One of the main reasons we believed in our optimism was this: When we launched our first venture, we did not know how many steps would be required to establish the venture fund. Now, we know since it's been codified. There are at most at least 210 steps. While there could be more actions to be added to the list, we're pretty sure that this is close to the minimum.
The numbers are staggering! We've made it available for anyone to check out here. In addition, we've taken our lessons learned and developed a great deal of code, and created an easier method to create investment vehicles using First Degree Global Asset Management, MAS-licensed fund managers. Set up a session with us
We have gathered our resources to design a system that reduces the time it takes to establish investment vehicles and build operational support. This can be accomplished in a matter of days or even hours. What exactly is operational support? What exactly does the term "operational support" mean?
Create a website.
There are many options available in the field of the structure of a fund
Include a licensed, experienced and competent fund manager
Add a fund administrator (or select from a variety of)
Add your choice for an audit company
Appoint advisors and directors
tap into a global deal origination network
Create an automated procedure for deal analysis
Establish an investment committee for investment.
AML and KYC checks
Interface for users who use different currencies and languages
Use AI for basic analysis , and DD
Your portfolio must be available to all stakeholder groups.
Automate the process of fund accounting, reporting, or other manual functions
Yes, we do. It is amazing to be able to achieve this level of efficiency in just a few hours, or perhaps days. To automate a process consistently it is necessary to undergo the hassle of performing it manually over and over again - and make notes.
We've completed this and the notes are no more notes They now comprise documentation entries above our codified methods that allow for the rapid easy, automated development of investment vehicles and commercialization Hatcher+ Venture-As-A-Service Technology ("VAAST") platform - a multi-award winning technology platform that allows a year's time to be compressed into a handful of days.
This platform was built to enable significant scale. On October 1 2021, we'll add new customers to our pilot partners. We'd love to talk with you if you're a multi-family bank or wealth manager or private financial advisor who wants to create private investments for your customers. It's a simple and efficient process that is complete.