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,
recapitalizations, and special purpose acquisition companies (“SPACs”). 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 and David Fishman, and the investment activities of the Credit Funds are directed by
an investment committee composed of Messrs. Slusky, Fishman, 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, 2022, Vector managed approximately $4,750,000,000 of regulatory assets
under management on a discretionary basis on behalf of the Vector Funds, net of borrowings and
including committed uncalled capital.