We had hoped that our H2 fund would be operational in just six months. We actually expected it to take nine months. The process ended up taking us eighteen months to reach our desired level of operations - and at that moment, we were only 80% complete.
One of the reasons for our early optimism? When we first began our venture fund, we did not realize how many steps were involved. We now know this because we've documented the process. It's at minimum 220 steps. We are aware of the many steps that need to be added to this list, but we think that the minimum number is at least 210.
The numbers are staggering! The list has been made available for everyone to see. Better yet, we used all our knowledge, developed a lot more code, and came up with a better method to create investment vehicles - with the help of First Degree Global Asset Management, MAS fund managers.
Our resources combined have enabled us to design a method that can cut down the time needed to establish an investment vehicle, as well as build up operational support. It can take just a few days to accomplish this. Perhaps even hours. What exactly is operational support? In essence we're talking about the ability to:
You can make a website.
Select from a range of fund structures
Include an experienced, fully-licensed, external fund manager
Select from a selection of administrators or create the fund manager
Choose the audit company you like
Designate directors and advisors
tap into a global deal origination network
Create an automated deal evaluation procedure
created an investment committee
AML and KYC checks
Interface with users using multiple currencies and languages
AI can be used for analysis or the basic D
Your portfolio should be available to stakeholder parties
Automate the accounting and reporting of funds and other manual tasks
That's all we are aware of. It's amazing to think that we can deliver this level of functionality in a matter of days or hours. It is crucial to first feel the pain of performing the same thing over and over again before automating it.
We've done it now and the notes no longer exist - they are the entries in the documentation that were made to enable the simple, quick automated creation of investment vehicles. Also, they enable the commercialization Hatcher+ Venture-As-A-Service Technology ("VAAST") - - the multi-award-winning data analytics platform which cuts the length of a year to just a few days.We invite you to schedule a session by clicking here
The platform was designed for serious scale. Also, on the 1st of October, 2021 we'll begin adding clients to our Pilot Partners. We would love to talk about your multi-family office or wealth manager, private banking or financial advisor are looking to create private investment vehicles to their customers. Our process is quick efficient, thorough, and easy.