Our initial expectations were that our H2 fund would become operational in just six months. We had actually anticipated it to take nine months. It took us 18 months for the process to get to the level we wanted to operate at. We were still only at the 80% mark..
Our excitement began in the early days. The first venture we launched was a daunting undertaking. We didn't know the number of steps that we'd have to follow to establish the venture capital fund. We know now - because we've codified the process - and the answer is at minimum the number 210. There's probably many more steps we need to add to that number is pretty close.
Are you skeptical about the numbers? The data has been made accessible to everyone. We've also taking our lessons and developed a plethora of code and have created an easier method to create investment vehicles with the help of certified fund managers who are MAS-licensed. First Degree Global Asset Management. Schedule a session with our team
Using the resources of our 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 perhaps hours. What does it mean to provide operational support? In essence we're talking about the ability to:
Create a site.
You have the option of choosing from many types of fund structures
Include an expert, licensed and experienced external fund manager
You can add a fund administrator to your portfolio, or select one of the administrators.
Choose an audit company
Nominate directors and advisors
tap into a global deal origination network
Automated deal analysis
set up an investment committee for investment.
do KYC and AML checks
Interface with users using different languages and currencies.
Make use of AI to perform analysis and basic D
Your portfolio must be available to stakeholder parties
Automate the reporting of funds and accounting.
Yes, yes. It's kind of amazing to provide the same level of functionality within just a few hours or even days. The first step to automate a process systematically is to do it manually many times. Take notes.
Once we've accomplished that, these notes no longer serve as notes. They are now the documentation entries over the codified processes we created to allow the rapid, simple, automated creation and commercialization of Hatcherand Venture-Asa-Service Technology ("VAAST") platforms. This platform, which has won multiple awards and data analytics platform lets a year be reduced to a couple of days.
The platform was designed to enable serious growth. From October 1st 2021 onwards, we will be expanding our network of pilot partners to accommodate new customers. If you're a multifamily office or wealth manager private bank, or a financial advisor who wants to set up an investment vehicle that is private for your clients , using an easy process that's quick, efficient, and complete Let's discuss.