Our expectations when we started our H2 Fund were that it would be up within six months. However, in the actual situation, it would take the least of nine months. The process ended up taking us eighteen months to reach the desired level of operation - and at that moment, we were only 80% complete. Please schedule a session
One of the main reasons behind our early optimism? On our first outing, we had no idea what steps we'd need to walk through in order to start a venture fund. We now know since we've codified the process. The answer is at most around 210. We know there are numerous steps that must be added to the list, however we think that the minimum number is at minimum 210.
The amount of entries is staggering! Take a look at our list. The best part is that we've combined the lessons learned with a lot of code to develop the most efficient method for making investment vehicles. And this was made possible because of First Degree Global Asset Management (MAS-licensed funds managers).
We combined the resources of our teams and have developed a systematic approach to cut down the time required for an investment vehicle to be established and also to establish operational support. The process can be completed in as short as a few hours or days. What exactly is operational support? This is the capability:
Create a website.
There are numerous options when it comes to structuring a fund
add an experienced, fully-licensed external fund manager.
Include the name of a fund administrator (or choose from a selection)
Select the firm that you like
Nominate directors and advisors
tap into a global deal origination network
Create an automated deal evaluation procedure
Initiate an investment committee
AML and KYC checks
Interface that is multilingual and currencies users
use AI to perform analysis and basic analysis and basic
Your stakeholders have access to your portfolio
Automate your fund accounting and reporting.
Yes, yes. It's amazing to be able to achieve this level of performance within a matter of hours, or perhaps days. But the first step in the process of automating a procedure is to experience the hassle of doing it repeatedly - and then take notes.
Once we've accomplished this, the notes will no longer serve as notes. They are now the documentation entries for the codified procedures we created to allow the speedy, simple automated creation and commercialization Hatcher+ Venture-As-A-Service Technology ("VAAST") platforms. This platform, which is multi-award-winning and data analytics-based platform, allows a year to be reduced to just a few days.
This platform is built for massive scale. And on October 1, 2021 we'll begin adding clients to the Pilot Partners. Contact us if you're multifamily or bank, wealth manager, or financial adviser looking to set up private investment vehicles for your clients. This is an efficient quick, speedy, and comprehensive process.