We believed that our H2 fund would be operational in just 6 months. It took us nine months to get it up and running. It took us 18 months to complete the process to reach the desired level of operation. We were still only at the 80% mark..
One reason we were early in our optimism was? Our first venture was a daunting task. We didn't know how many steps we'd have to follow to create an investment fund for venture capital. We now know since we have codified it. The answer is at most 210. There are many steps that need to be added to this list, but we think that the minimum number is at least 210.
Are you skeptical about the numbers? We've made it available for anyone to check out here. Better still, we're taking our lessons and developed a plethora of code, and developed a better approach to creating investment vehicles - using certified fund managers who are MAS-licensed. First Degree Global Asset Management.
We have merged the expertise of our teams and come up with a system to cut down the amount of time needed for an investment vehicle to be established and also to establish operational support. The process can be completed in as low as a few hours , or days. What does it mean to provide operational support? Operational support is basically the capability to:
Create a website.
You can choose from many different fund structures
Include a licensed and experienced administrator of external funds
It is possible to add a fund manager to your portfolio, or select from among a variety of administrators.
Choose your preferred audit company
Directors and advisors are nominated.
tap into a global deal origination network
Set up an automated deal analysis process
Establish an investment committee
AML as well as KYC check
interface with users using various languages and currencies
AI is used to analyze and basic DD
Let stakeholders have access to your portfolio
Automate the process of fund accounting, reporting and other manual tasks
Yes, we can. It's a bit unbelievable that we can provide the same level of functionality within just a few hours or even days. The first step to automate the process is to do it manually numerous times. Make notes.
After we've done this, the notes will are no longer used as notes. They're now documentation entries for the codified processes we developed to facilitate the rapid, simple automated creation and commercialization of Hatcherand Venture-As-As-A-Service Technology ("VAAST") platforms. This platform, which is multi-award-winning and data analytics platform allows for a year's time to be reduced to a few days.
The platform was designed for serious scale. On October 1 2021 we'll be able adding customers who are the Pilot Partners. We'd love to talk with you if you're a multifamily or bank, wealth manager or financial advisor looking to establish private investment vehicles on behalf of your clients. This is an efficient quick, speedy, and comprehensive procedure.