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Adviser Profile

As of Date 07/01/2024
Adviser Type - Large advisory firm
Number of Employees 48 2.13%
of those in investment advisory functions 30
Registration SEC, Approved, 06/23/2014
AUM* 4,069,000,000 -14.34%
of that, discretionary 4,069,000,000 -14.34%
Private Fund GAV* 4,037,557,630 -6.34%
Avg Account Size 452,111,111 -14.34%
SMA’s No
Private Funds 8
Contact Info 415 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
5B 4B 3B 3B 2B 1B 679M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count1 GAV$512,943,352
Fund TypePrivate Equity Fund Count7 GAV$3,524,614,278

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Brochure Summary

Overview

Vector is a middle-market investment firm focused on special situation investments in technology and technology enabled businesses. In addition to public buyouts and acquisitions of private and venture-backed companies, Vector seeks to invest in corporate spin-outs and divestitures, credit recapitalizations and restructurings, minority investments in “bootstrapped” companies, and private investments in public equity. Vector was founded in 1998 by Alexander Slusky and is controlled by Mr. Slusky through his ownership of Vector Capital, LLC, VCM Holdings, Inc., and Vector Capital Group Partners, LLC. Vector serves as an investment manager (or in certain cases, as a sub-advisor) and provides discretionary advisory (or sub-advisory, as applicable) services to several privately offered collective investment vehicles, including private investment partnerships and foreign investment companies, together with any respective parallel funds, special purpose, alternate investment, or subsidiary investment vehicles (the “Vector Funds”). The Vector Funds are organized into two core strategies, private equity and credit (the “Equity Funds” and the “Credit Funds”). The Equity Funds primarily pursue private equity investments in technology and technology-enabled businesses, including buyouts, spinouts, turnarounds, and recapitalizations. The Credit Funds focus on special credit opportunities in middle market companies in the software, hardware, media, telecom, and business services sectors. The investment activities of the Equity Funds are directed by an investment committee composed of Mr. Slusky, Robert Amen, and Andy Fishman and the investment activities of the Credit Funds are directed by an investment committee composed of Mr. Slusky and Nick Ghoussaini (the “Principals”). In addition to the Principals, there are additional investment professionals comprised
of seasoned technology investors who are former CEOs, CFOs, product managers, engineers, lawyers, consultants, and investment bankers who bring a wealth of investment, operational, and financial expertise and experience to Vector and its affiliates (collectively, the “Vector Team”). Vector provides investment management services to the Vector Funds and not individually to the investors (“Investors”) in the Vector Funds. Vector has full discretionary authority to purchase or sell investments for the Vector Funds, with certain limited exceptions for approval rights by Investors for specific tax or regulatory considerations provided for in the Governing Fund Documents (as defined below). In providing its services to each Vector Fund, Vector and the Vector Team evaluate, direct, and manage the investment and reinvestment of the assets of the Vector Funds, and provide reports to Investors, in accordance with the terms of a limited partnership agreement, investor subscription agreements, and, as applicable, side letters or any other governing documents applicable to the Vector Fund or Investors (the “Governing Fund Documents”). Interests in the Vector Funds are privately offered only to qualified investors pursuant to exemptions available under the Securities Act of 1933, as amended (the “Securities Act”), and the regulations promulgated thereunder, and the Vector Funds are not registered with the SEC as investment companies based on specific exclusions from the Investment Company Act of 1940, as amended (“1940 Act”). Typically, interests in the Vector Funds are offered to institutional investors and high net worth individuals. As of December 31, 2023, Vector managed approximately $4,069,000,000 of regulatory assets under management on a discretionary basis on behalf of the Vector Funds, net of borrowings and including committed uncalled capital.