When we first set up the H2 fund, we were hoping to be operational within a period of six months or nine months max. It took us 18 months to complete the process to reach the level we wanted to operate at. We were only at 80percent.
One of the reasons we were so optimistic was this: When we launched our first venture, we did not know the number of steps were required to create the venture fund. Now, we know because it's been codified. There's at least at least 210 steps. There's likely to be many more steps to add, but that number is close enough. Set up a session with us
Are you skeptical about the number? Take a look at our list. In addition, we've used our knowledge to create a new product and developed a great deal of code, and created an easier method to create investment vehicles using First Degree Global Asset Management and MAS-licensed fund managers.
We have gathered our resources to create an approach that cuts down on the time needed to establish investment vehicles as well as to create operational support. This can be accomplished in just a few days or hours. What is operational support? This is the capability:
Create the website and operate it on a platform
Choose from a variety of fund structures
Add an experienced, fully-licensed external fund manager.
Create a fund administrator, or choose from a list of administrators
Select the firm that you prefer
Designate directors, advisors and other officials.
tap into a global deal origination network
set up an automated deal analysis process
set up an investment committee for investment.
Do KYC and AML checks?
Interact with users with different currencies and languages
AI is used to analyze and for basic DD
Your portfolio must be accessible to stakeholders
Automate the fund accounting process, report generation, and other manual functions
Yes, that's what we know. It's amazing that we can deliver this level of functionality in a matter of days or hours. The first step in automating the process is to perform it manually several times. Take notes.
This is done. These notes no longer are notes. They are now documentation for the methods that we used to design investments vehicles. We also commercialized Hatcher+ Venture-As-a-Service Technology ("VAAST") which is a multi-award-winning technology that enables a year of work to be reduced to just a few days.
The platform was designed to allow serious scale. The first day of October 2021, we'll add new customers to our pilot partners. If you're a multifamily business or wealth management company, a private bank, financial advisor or you're looking to help private investors for your clients, let us meet.