The initial expectation was that our H2 fund would be operational within six months. We actually expected it to take nine months. We took 18 months before we reached the desired level of operations. At this point, we were only 80% ready.
One of the reasons for our initial optimism was? When we started our venture fund, it was difficult to know how many steps were involved. Now, we know because it's been codified. There are at most at least 210 steps. There are probably many other steps that we have to add, but the number is fairly close.
Do you doubt the number? We've got the complete list of the top 10 here. Even better, we've taking our lessons, developed a ton of code, and developed an easier method to create investment vehicles - using MAS-licensed fund managers First Degree Global Asset Management.
Using the resources of our combined teams, we've created a system which can cut down the time needed to establish an investment vehicle and set operational support from months to days - or even hours. What is operational support? In simple terms, we're talking about the capability to:
Create the website and operate it on a platform
There are numerous options in the field of the structure of a fund
Include an external fund manager licensed and experienced
Include a fund administrator (or select from a variety of)
Choose your preferred audit firm
Designate advisors and directors
tap into a global deal origination network
Automate the deal analysis process.
Start an investment committee
AML and KYC checks
Interface that allows users to use multiple languages and currencies
AI can be utilized to perform basic analysis of DD
Allow stakeholder access to your portfolio
Automate fund reporting and accounting.
Yes, we can. It's almost unbelievable that we could provide this level functionality in as little as a few days or hours. It is important to first go through the pain of manually doing things several times before automating it.
We've now finished this and the notes are no more notes They now comprise documents that we have codified over our methods that allow for the rapid easy, automated development of investment vehicles and commercialization Hatcher+ Venture-As-A-Service Technology ("VAAST") platform - a multi-award-winning technology platform and data analytics which allows for a whole year's duration to be reduced to a couple of days.Schedule a session here with us
This platform is designed for massive scale. Also, on the 1st of October 2021 we'll be able adding customers who are the Pilot Partners. Let's talk if you're a multifamily or bank manager, wealth manager, or financial adviser looking to set up private investment vehicles for your clients. This is an efficient process that is quick, efficient, and thorough. procedure.