We believed that our H2 fund could start operating within 6 months. It took us nine months. The process took us 18 months to get to the desired level of operation - and, at this moment, we were only 80% complete.
Our optimism began early. We didn't know the number of steps were needed to create an investment fund when we began. We now know, because it's been codified. There are at most 210 steps. Although there's likely to be several more steps to include, we believe that this is the minimum amount. Please schedule a session
Do you doubt this number? Find the complete list of the top 10 here. Even better, we have used our knowledge to create a new product and developed a great deal of code and designed an improved method of creating investment vehicles. We've used First Degree Global Asset Management, MAS-licensed fund mangers.
We have merged the expertise of our teams and have come up with a system to speed up the amount of time needed to have an investment vehicle set up and to develop operational support. The process can be completed in as short as a couple of hours or days. What exactly is operational support? Operational support refers to, in short, the capability of:
Create an online site and an operating platform
choose from a range of options for fund structures
Add an external fund manager licensed and has experience
You can add a fund manager to your portfolio or select from among a variety of administrators.
Add your preferred the audit firm you prefer.
Designate advisors and directors
tap into a global deal origination network
Create an automated procedure to analyze deals
set up an investment committee
AML and KYC checks
Interface with users who use different currencies and languages
AI can be utilized to carry out the basic analysis of DD
Let stakeholders have access to your portfolio
Automate fund reporting and accounting.
Yes, we can. It's amazing that we could provide this kind of functionality within a matter of days or hours. The first step in automating the process is to do it manually many times. Note down what you have learned.
Now that we have done this, the notes will no longer serve as notes. They are now the documentation entries over the codified processes we designed to enable the speedy, simple automated creation and commercialization Hatcherand Venture-As-As-A-Service Technology ("VAAST") platforms. This platform, which is multi-award-winning and data analytics platform, allows for a year's time to be reduced to just a few days.
This platform is designed to allow for massive scale - and on October 1st, 2021, we'll be moving to add new clients to our pilot partners. We'd love to speak with you if your multi-family business, wealth manager, private banking or financial advisor are looking to create private investment vehicles to their clients. Our process is quick, efficient, complete and simple.