We had hoped that our H2 fund could be in operation in just six months. It took us nine months to get it up and running. We actually spent 18 months to reach our desired stage. At that point, only the majority of our operations were in place.
The reason we were optimistic early on was because of this: When we started the venture fund we did not think about how many steps there were. We now know since we've codified the procedure. It's at least 220 steps. While there are likely to be more actions to be added to the list, we're pretty confident that it is near the minimum.
Do you doubt the accuracy of the list? Look at our list. What's more, we've combined the lessons learned with a lot of codes to come up with the most efficient method for investing in investment vehicles. this was made possible because of First Degree Global Asset Management (MAS-licensed funds managers).
Utilizing the expertise of our team, we've developed a methodological approach which can cut down the time needed to establish an investment vehicle and set operational support from months to days - or perhaps hours. What is operational support? It's the ability:
Set up a website.
Select from a range of structure of funds
Include a licensed and experienced manager of external funds
Choose from a variety of administrators or add an administrator to your fund manager
Incorporate your selection into an audit company
Appoint advisors and directors
tap into a global deal origination network
Create an automated deal evaluation process
Establish an investment committee for investment
do KYC and AML checks
Interact with users with various languages and currencies.
AI can be used to perform the basic analysis of DD
Access your portfolio to stakeholder
Automate your fund accounting and reporting.
Yes, we do. It's kind of amazing that we can provide that level of functionality in a few hours or days. The first step in automating an operation is to perform it manually many times. Make notes.
We have now completed this and the notes have been removed and now form the documents that we have codified over our methods to enable the rapid and simple, automated creation of investment vehicles and the commercialization of the Hatcher+ Venture-Asa-Service Technology ("VAAST") platform an award-winning technology platform and data analytics which allows a year's time to be compressed to a matter of days.
This platform was built to allow serious scale. The first day of October 2021, we'll be adding new clients to our pilot partners. We'd love to talk with you if you're a multi-family bank, wealth manager or private bank advisor looking to establish private investments for your customers. It's a simple, efficient and complete process.