When we set up our H2 fund, it was believed that we'd be operational within a period of six months - nine months max. It took us eighteen more months to reach the required amount, and we were still only 80% complete.
Our initial optimism was because of this: On our first outing we didn't know what steps we'd need to walk through in order to create a venture fund. Now we know because we've codified it. The answer is at least 210. Although there's a good chance that there are several more steps to add, we believe that this is the minimum amount.
Do you doubt the accuracy of the list? The list is public for anyone to view. We've also taking our lessons, developed a ton of code, and created an improved method of creating investment vehicles - using licensed fund managers with MAS licenses First Degree Global Asset Management.
Our teams have developed a systematic method that can reduce the amount of time and energy needed to establish an investment fund as well as offer operational support. We're able to leverage the resources of our teams to complete this task in days, if not even hours. What exactly is operational support? Operational support means basically the ability to:
Create a website and an operating platform
choose from a range of different fund structures
Add an experienced, fully licensed, external fund manager
Include the name of a fund administrator (or select from a variety of)
Select the firm that you like
Appoint advisors and directors
tap into a global deal origination network
Automated deal analysis
Create an investment committee for investment
AML and KYC checks
Interface with users who can speak different languages or have currencies
Make use of AI for analysis as well as basic DD
Allow stakeholder access to your portfolio
Automate your fund accounting and reporting.
Yes, we can. It is amazing to be able to achieve this level of performance within a matter of hours, or perhaps days. However, the first step to any automated process is to go through the process manually multiple times - and then take notes.
That's done. Those notes are no more notes. They now serve as documentation for the methods that we used to design investment vehicles. We also made commercial use of Hatcher+ Venture-As-a-Service Technology ("VAAST"), the multi-award-winning technology that enables the work of a whole year to be compressed into only a matter of days.
This platform is designed to expand. We will begin adding clients to the pilot partner network the 1st of October 2021. We would love to talk about your multi-family office, wealth manager, private bank or financial advisor are interested in enabling private investment vehicles for their clients. Our process is quick, efficient, complete and easy.