We had hoped that our H2 fund would be in operation in just 6 months. It took us nine months. We took 18 months before we reached the desired level of operations. At that point, we were only 80percent ready.
The reason we were optimistic early on was due to this: We didn't know how many steps were required to establish an investment fund when we first started. We have now a better understanding of the steps required to create an investment fund. And while there's probably a number of other actions that we'll must add to that list, we're pretty certain that's close to the minimum number.
Do you doubt the number? The list is available for everyone to see. 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.
We have merged the expertise of our teams and have developed a systematic approach to cut down the amount of time needed for an investment vehicle to be set up and also to establish operational support. The process can be completed in as low as a couple of hours or days. What does it mean to offer operational support? What does operational support mean?
Create a website and an operating platform
Pick from a variety of fund structures
add an experienced, fully-licensed, external fund manager.
Add a fund administrator (or select one from a variety of admins)
Choose an audit company
appoint directors and advisors
tap into a global deal origination network
Automated deal analysis
Create an investment committee
AML and KYC checks
Interface that is multilingual and currencies users
AI is utilized for analysis and basic DD
Give stakeholder access to your portfolio
Automate the process of fund accounting, reporting and other manual tasks
We know. It's amazing that we can deliver this level of functionality within a matter of hours or days. The first step to automate an operation is to perform it manually many times. Take notes.
This is done. Those notes no longer are notes. They serve as documentation of the techniques 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 allows a year of work to be compressed to just a few days.
The platform was designed to allow serious scale. The first day of October, 2021, we will add new customers to our pilot partners. Contact us if you're multifamily or bank manager, wealth manager or financial adviser who wants to create private investment vehicles for your clients. It's a simple quick, speedy, and comprehensive process.