We had hoped that our H2 fund would be operational within six months. It took us nine months to get it up and running. It took us eighteen more months to achieve the desired amount but we were only 80% ready.
One of the reasons for our initial optimism was? When we launched our first venture, we did not know the number of steps would be required to establish the venture fund. We know now because we've codified the process. It is at least 220. There's probably many more steps we need to add, but that number is close enough.
Are you skeptical about the numbers? The list is public for anyone to view. We've gathered all the lessons we've learned and developed a lot of code to enhance the creation of investment vehicles thanks to First Degree Global Asset Management, MAS licensed fund managers. Schedule a session with our team
We have merged the expertise of our teams and come up with a system to reduce the time required to have an investment vehicle created and also to establish operational support. The process can be completed in as low as a couple of hours or days. What exactly is operational support? In simple terms, the term "operational support" refers to the ability to:
Create a website.
Choose from a variety of structure of funds
Add an experienced, fully licensed external fund manager
Create an administrator to your fund (or choose from a selection)
Add your choice in an auditing firm
Nominate directors and advisors
tap into a global deal origination network
Automate a process for deal analysis
Set up an investment committee for investment.
Perform KYC and AML checks?
Interface that allows users to use various languages and currencies
Make use of AI for analysis as well as basic analysis and basic
allow stakeholder access to your portfolio to allow stakeholder access
Automate the process of fund accounting, reporting and other manual tasks
Yes, we can. We can accomplish this in hours or days. It's almost unbelievable. In order to automate a procedure in a systematic manner, you must first undergo the hassle of doing it manually repeatedly and take notes.
We've completed this and the notes are no more notes - they now comprise the documents above our codified methods to enable the rapid, easy, automated creation investment vehicles and commercialization Hatcher+ Venture-As-A-Service Technology ("VAAST") platform - a multi-award-winning technology platform that lets a year's worth of time be reduced to a couple of days.
This platform is designed to scale. We'll be adding clients to our pilot partner network on October 1st 2021. If you're a multi-family business, a wealth manager, a private bank, or an advisor in the financial industry looking to enable the creation of a private investment vehicle for your clients using an approach that's fast and efficient, as well as complete, let's talk.