We had hoped that the H2 fund would be operational in six months. Actually, we expected to wait nine months. We took 18 months before we reached the level of operation we wanted. At this point we were just 80percent ready. You can schedule a time with us
One of the main reasons behind our early optimism? When we first began the venture fund we did not realize the number of steps involved. We now know since we've codified it. The answer is at least around 210. There's probably many more steps we need to add to that number is pretty close.
Do you doubt the accuracy of the list? Find our entire list of the top 10 here. We've taken all our learnings and created a ton more code to help improve the design of investment vehicles - thanks to First Degree Global Asset Management, MAS licensed fund managers.
Our collective resources have enabled us to create a process that can cut down the time needed to establish an investment vehicle, as well as build up operational support. It takes a few days to do this. Perhaps even hours. What is operational support? Simply put, operational support refers to the ability to:
create a website and operating platform
You can pick from a variety of fund structures
Incorporate a licensed, knowledgeable and knowledgeable external fund manager
add an administrator to the fund (or select one from a variety of administrators)
Choose the audit company you prefer
Nominate directors and advisors
tap into a global deal origination network
Create an automated deal analysis process
Set up an investment committee for investment
do KYC as well as AML checks
Interact with users who are using multiple languages and currencies
AI is used for analysis and for basic DD
let stakeholder access your portfolio to allow stakeholder access
Automate fund reporting and accounting.
Yes, we do. It's incredible to think we could provide this kind of functionality within a matter of hours or days. To automate a process in a systematic manner first, you have to endure the pain of performing it manually over and over again as well as take notes.
We've completed it, and those notes no longer exist They are just the documentation entries that were created to allow easy, fast automated creation of investment vehicles. They also facilitate the commercialization Hatcher+ Venture-As-A-Service Technology ("VAAST") - - the multi-award-winning technology, data analytics platform which cuts the length of a year down to a mere few days.
The platform was designed to allow for massive scaling. Beginning on October 1 2021 we'll expand our network of pilot partners to accommodate new customers. We'd love to talk with you if you're a multifamily or bank manager, wealth manager or financial advisor looking to create private investment vehicles for your clients. This is an efficient process that is quick, efficient, and thorough. process.