The expectations we had when we began the H2 Fund were that it would be operational within six months. However, in the actual situation, it would take us at most nine months. The process ended up taking us eighteen months to get to the desired level of operation - and, at that time, we were only 80% complete.
One of the factors that contributed to our early optimism? When we started the venture fund we didn't think about the number of steps involved. We now know - since we've codified the process - and it's at minimum around 210. While there could be more actions to be added to the list, we're pretty sure that it's near the minimum. You can schedule a session with us.
Do you doubt this number? Look at our list. Even better, we utilized all of our expertise and developed more code, and created an easier method of creating investment vehicles - with the assistance of First Degree Global Asset Management, MAS fund managers.
We have pooled our resources to create a system that can reduce the time required to establish investment vehicles and to build operational support. This can be accomplished in just a few days or hours. What do we mean by operational support? Operational support means basically the ability to:
develop a site and operate on a platform
Choose from a variety of different fund structures
Include an experienced, fully-licensed, external fund manager.
You can add a fund administrator to the list or choose from a variety of administrators
Select the firm that you like
Appoint directors, advisors
tap into a global deal origination network
Automate a process for deal analysis
set up an investment committee
AML and KYC checks
Interact with users who speak multiple languages or currencies
Make use of AI to perform basic analysis. use DD for more advanced analysis.
Stakeholders have access to your portfolio
automate fund accounting, reporting, and other manual functions
Yes, yes. It's a bit absurd that we can provide this level functionality in only a few days or hours. It is crucial to first go through the frustration of doing the same thing over and over again before you can automate it.
It's done now and the notes don't anymore exist These are the entries in the documentation that were created to allow the simple, quick automated creation of investment vehicles. They also facilitate the commercialization Hatcher+ Venture-As-A-Service Technology ("VAAST") - - the multi-award-winning data analytics platform that cuts the length of the year down to a mere few days.
This platform was created to scale. We'll begin adding clients to our pilot partner network October 1, 2021. If you're a multifamily office or a wealth management firm bank, private bank, financial advisor or are looking to facilitate private investment to your clients, we can discuss it.