We believed that our H2 fund could be in operation within 6 months. It took us nine months to get it up and running. The process took us 18 months to reach our desired level of operation - and, at that moment, we were just 80% prepared.
One of the factors that contributed to our initial optimism? We didn't know how many steps were required to establish a venture fund when we began. We are now aware of the number of steps necessary to set up the venture fund. Although there may be additional steps to add to the list we are pretty certain that it is close to the minimum.
The number is unbelievable! The list has been made accessible to everyone. We've applied all our lessons and created an abundance of code to improve the creation of investment vehicles thanks to First Degree Global Asset Management, MAS licensed fund managers.
Our team has developed an efficient method that will reduce the amount of time and energy required to create an investment fund and provide operational support. We're able to leverage the resources of both of our team members to accomplish this in the hours, not days. What is operational support? In simple terms, the term "operational support" refers to the ability to:
Create an online site and an operating platform
There are many options available in the field of the structure of a fund
Incorporate a licensed and experienced administrator of external funds
Create a fund administrator, or choose from a list of administrators
Incorporate your selection into an audit firm
Appoint advisors and directors
tap into a global deal origination network
Automated deal analysis
set up an investment committee for investment.
AML as well as KYC check
interface with users using different currencies and languages
use AI to do analysis and basic analysis and basic
Your portfolio should be available to stakeholder parties
Automate the accounting of funds and report generation.
We're aware of. It's incredible that we can attain this level of efficiency in just a few hours or days. In order to automate a procedure consistently it is necessary to undergo the hassle of performing it manually over and over again and take notes.
It's done now, and those notes don't anymore exist These are the documents which were designed to facilitate easy, fast automated creation of investment vehicles. Also, they enable the commercialization of the Hatcher+ Venture As-A-Service Technology ("VAAST") - the multi-award-winning technology, data analytics platform that reduces the duration of a year to just a few days.
The platform was designed for serious scale. Also, on the 1st of October, 2021 we'll begin to add customers to the Pilot Partners. We'd love to talk with you if you're a multifamily or bank manager, wealth manager or financial adviser who wants to create private investment vehicles for your clients. This is a fast process that is quick, efficient, and thorough. procedure.