We believed that our H2 fund would be in operation in just 6 months. It took us nine months to get it up and running. We spent 18 months to get to our desired stage. And at that point, only the majority of our operations were completed.
One reason we were early in our optimism was? Our first venture was a difficult task. We didn't know the number of steps that we would need to take to establish the venture capital fund. We know now since we've codified the procedure. It is at least 220. While there are likely to be more steps to add to that list, we're pretty confident that it is close to the minimum.
Are you skeptical about this number? Our list is now available to anyone who wants to have it. We've applied all our lessons and developed a lot 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 developed a systematic approach to speed up the time it takes for an investment vehicle to be established and also to establish operational support. The process can be completed in as short as a few hours , or days. What is operational support? In simple terms, the term "operational support" refers to the ability to:
Create a website.
Choose from a variety fund structures
Incorporate an experienced, fully licensed , external fund manager
Add a fund administrator or choose from a variety of administrators
Choose an auditing firm
Designate directors and advisors
tap into a global deal origination network
Set up an automated deal analysis process
Start an investment committee
Do KYC as well as AML checks
Interact with users with multiple currencies and languages
AI can be used to perform analysis as well as the basic D
let stakeholder access your portfolio
Automate the process of fund accounting, reporting and other manual tasks
Yes, that's what we are aware of. It's incredible to be able to achieve this level of efficiency in just a few hours, or even days. To automate a process in a systematic manner, you must first undergo the hassle of doing it manually repeatedly as well as take notes.
Once we've accomplished this, the notes will no longer serve as notes. They're now documentation entries over the codified methods that we developed to facilitate the quick, easy automated creation and commercialization of the Hatcherand Venture-Asa-Service Technology ("VAAST") platforms. This platform, which has been awarded multiple times, is a multi-award winning and data analytics platform, lets a year be reduced to a few days.You can schedule a time with us
This platform is built to enable serious scale - and, on the 1st of October 2021, we'll be adding new clients to our pilot partners. Let's chat if you are a multi-family bank or wealth manager or private bank advisor who wants to create private investment vehicles for clients. It's a quick and efficient process that is complete.