When we first started the H2 Fund were that it would be up within six months. However, in the actual situation, it would take us at least nine months. We took 18 months before we reached the desired level of operations. At that point we were just about 80% prepared.
Our optimism began early. In the beginning of our initial venture, we did not know the number of steps it would take to set up the venture fund. We know now - because we've codified it , and the answer is at minimum 210. Although there's a good chance that there are many more steps we need to add, we believe that this is the minimum number.
Are you doubtful about the number? Find our entire list of the top 10 here. Better still, we're taking our lessons and crafted a lot of code and have created an improved method of creating investment vehicles by utilizing MAS-licensed fund managers First Degree Global Asset Management.
Our combined resources have allowed us to develop a strategy which can reduce the time it takes to set up an investment vehicle, and establish operational support. It takes just a few days to accomplish this. Or even hours. What exactly does it mean to provide operational support? What is operational support?
Create a site.
There are a variety of options in the field of fund structure
Add an experienced, fully licensed external fund manager
add an administrator to the fund (or select from a range of admins)
add your choice of auditor firm
Appoint directors, advisors
tap into a global deal origination network
Create an automated deal analysis process
established an investment committee
AML and KYC checks
Interface that supports multiple languages and currencies users
AI can be used to perform analysis and the basic DD
Access your portfolio to stakeholder
Automate fund accounting and reporting.
Yes, we do. It is amazing that we can achieve this level of functionality within a matter of hours or days. The first step to automate an operation is to do it manually numerous times. Take notes.
After we've done this, the notes will are no longer used as notes. They now serve as documents that are based on the codified processes we designed to enable the speedy, simple automated creation and commercialization Hatcherand Venture-Asa-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 couple of days.
This platform is built for serious scale. On October 1, 2021 we'll begin adding clients to our Pilot Partners. If you're a multifamily office or wealth manager, private bank, or a financial advisor who wants to set up a private investment vehicle for clients through an easy process that's quick, efficient, and complete Let's discuss.