When we created the H2 fund, we believed that we'd have it operational in a span of six months or nine months max. We took 18 months to get to the level of operation we wanted. At that point, we were only 80% ready.
One of the main reasons behind our initial optimism? When we first began our venture fund, it was difficult to think about how many steps there were. We now know the number of steps required to create a venture fund. While there could be more actions to be added to that list, we're pretty sure that this is close to the minimum.
Do you doubt this number? You can find the complete list here. We've also taken all of our learnings and crafted a lot of code and have created an improved method of creating investment vehicles - by utilizing certified fund managers who are MAS-licensed. First Degree Global Asset Management. Schedule a session with our team
We have gathered our resources to create an approach that cuts down on the time required to design investment vehicles and build operational support. It can be completed within days or hours. What does operational support mean? Simply put, operational support refers to the ability to:
Set up a website.
choose from a range of different fund structures
add an experienced, fully-licensed, external fund manager
Add an administrator to the fund (or select one from a variety of admins)
Add your choice of an audit firm
appoint directors and advisors
tap into a global deal origination network
Automate the process for analyzing deals
Establish an investment committee for investment
AML and KYC checks
interface with users using various languages and currencies
AI can be utilized to perform the basic analysis of DD
Allow stakeholder access to your portfolio
Automate fund accounting and reporting.
Yes, indeed. It's almost impossible to offer this kind of functionality in only several days or even hours. But the first step in the process of automating a process is to go through the pain of doing it manually multiple times - and record notes.
After we've done that, those notes are no longer notes. They're now documents that are based on the codified processes we designed to enable the rapid, simple, automated creation and commercialization of Hatcher+ Venture-As-A-Service Technology ("VAAST") platforms. This platform, which has been awarded multiple times, is a multi-award winning and data analytics platform, lets a year be reduced to just a couple of days.
This platform is designed to scale up. And on October 1 2021 we'll be able to add clients who are our Pilot Partners. We'd love to talk with you if you're a multifamily or wealth manager, a bank, or financial adviser looking to establish private investment vehicles for your clients. This is a fast, fast, and complete procedure.