The 100 Hour Migration - Hanover Park x Asylum Ventures

Asylum Ventures debuted their new venture fund alongside a New York Times profile. But beyond this, Chief Operating Officer Mackenzie Regent saw an opportunity to upgrade their finance and operations stack to an AI-native provider.

However, one of the worst parts about considering a fund administration switch is migration. Everyone dreads it. But this is why Hanover Park CEO Chris Hladczuk told Mackenzie one thing:

"My goal is for you to sit back, receive updates from our team and do nothing except check the work when it's done. I want this to be 0 additional work for you."

This promise was put to the test when the Hanover Park team received data access on a Saturday.

By Wednesday, all historical financial data across capital accounts, waterfall models, historical performance, GL detail, investment detail and Limited Partner data was live.

In just 100 hours, Hanover Park completed what many firms consider a multi-month migration, setting a new standard for speed in fund administration.

"The pace was next level," said Mackenzie Regent, COO at Asylum Ventures. "We expected (and braced for) the usual lag: weeks of back-and-forth, data gaps, onboarding headaches. Instead, we had full access to our data before the next workweek even ended. It didn't feel like a migration; it felt like flipping a switch."

Hanover Park, an AI-native fund administrator, built its migration engine to do exactly that: to compress time, reduce friction, and eliminate the bureaucratic overhead that traditional administrators have normalized.

"What made this possible wasn't just the tech," said Chris Hladczuk, CEO of Hanover Park. "We treat onboarding like a product, not a project."

For fund managers, that means faster insights, faster LP communication, and fewer sleepless nights chasing down missing data. Asylum Ventures went from cold handoff to client-ready in under 5 days.

The 100 Hour Migration isn't just a milestone; it's a step on the path to a 1-Click Migration future.