H2 Fund Hatcher+ H2 USD125,000,000 Early Stage Venture Fund

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Fund Name H2 Fund L.P.
Target Fund Size USD 125,000,000
Currency USD
Legal Structure Limited Partnership
Geographic Focus Diversified (~50% North America)
Sector Focus Diversified (Scalable/Technology-Enabled)
Stage Focus Pre-Seed through Series A (early-stage)
Risk Profile High
Jurisdiction Cayman Islands
Min. Investment USD 1,000,000 (smaller investments possible via ETN structure, or at discretion of GP)
Fund Life 10 years (+two 1-year periods with LP consent)
Management Fee 2%
Carried Interest 20% (8% pa preferred return hurdle)
Promoter Hatcher Plus Pte Ltd
Investment Manager First Degree Global Asset Management Pte Ltd (MAS-licensed)
Legal Counsel Dechert LLP
Fund Administrator Maples Fund Services (Cayman) Ltd
Fund Auditor PricewaterhouseCoopers
First Closing Completed (Q3, 2018)
Target Final Closing 2020 (rolling closes permitted)