Vector AIS

Have you read this blog by our Director of Management Company Services, Dom Zazzarino, yet? 🧽 Check out our carousel that breaks it down visually, highlighting why Management Company Services are one of the most important (and overlooked) parts of running a fund smoothly. If you haven’t seen it yet, give it a quick swipe ➡️ Then read the full blog here: https://lnkd.in/dQRya79K #fundadmin #fundops #backoffice #managementcompany #mancoservices #LPs #privateequity #vc #venture #pe #tax #audit

Every fund needs a janitor. 🧹 Not the mop-and-bucket kind, but the team that keeps your books clean, your bills paid, and your year-end panic-free. A well-run Management Company can be the difference between smooth operations and year-end chaos. Our Director of Management Company Services, Dominic Zazzarino, broke down the critical (and often invisible) Man Co services every fund should prioritize: https://lnkd.in/dQRya79K #fundadmin #fundops #backoffice #managementcompany #mancoservices #LPs #privateequity #vc #venture #pe #tax #audit

💡 Day 6: Did You Know? Distributions aren’t just about sending cash to LPs. They must reflect all fund activity to date and align with the waterfall provisions outlined in the LPA. We asked our Fund Controller, Emily Warren, what it really takes to get distributions right: 📌 Real-time capital tracking 📌 Accurate calculation of preferred return, catch-up, and carry 📌 Clear documentation of assumptions and methodology Even the simplest distributions require technical precision to avoid errors, LP disputes, or audit issues. Learn about how we support funds 👉 https://lnkd.in/gfXEhr-y #vectorais #fundadministration #fundadmin #fundops #backoffice #investorreporting #LPs #privateequity #vc #venture #pe #tax #audit

💡 Day 5: Did You Know? Every fund expense needs to be carefully reviewed for allocability and classification, especially in dual-entity structures where both a fund and a management company exist. We asked our Fund Controller, Emily Warren, what that really means: 📂 Expenses must be clearly allocated between the fund and the management company 🔁 Allocations must be applied consistently across reporting periods Misclassifying expenses can lead to audit findings or pushback from LPs and it’s one of the most common fund admin pitfalls. When in doubt, document the rationale, stay consistent, and loop in your fund admin. Learn about how we support funds 👉 https://lnkd.in/gfXEhr-y #vectorais #fundadministration #fundadmin #fundops #backoffice #investorreporting #LPs #privateequity #vc #venture #pe #tax #audit

💡 Day 4: Did You Know? Gains are often allocated for tax purposes as soon as a position is sold, even if no cash is distributed. We sat down with our Fund Controller, Emily Warren, to unpack how this creates real-world complexity for GPs: 💸 Carried interest might be taxable in the year of realization, even if the GP hasn’t received a dollar 📊 GAAP may delay income recognition until thresholds like catch-up or waterfalls are met This mismatch between taxable income and actual cash flow can impact K-1 prep, capital account roll forwards, and carried interest tracking. Learn about how we support funds 👉 https://lnkd.in/gfXEhr-y #vectorais #fundadministration #fundadmin #fundops #backoffice #investorreporting #LPs #privateequity #vc #venture #pe #tax #audit

💡 Day 3: Did You Know? Once GAAP financials are finalized, prior period capital activity generally should not be changed, even for non-material errors. We asked our Fund Controller, Emily Warren, why this matters: ✅ Beginning balances ✅ Contributions ✅ Allocations of net income/loss ✅ Distributions ✅ Ending balances … must all roll forward cleanly. 📌 Non-material errors should be corrected in the current or next reporting period, not retroactively. This helps maintain audit integrity, align with the general ledger, and most importantly, preserve investor trust. Learn about how we support funds 👉 https://lnkd.in/gfXEhr-y #vectorais #fundadministration #fundadmin #fundops #backoffice #investorreporting #LPs #privateequity #vc #venture #pe #tax #audit

💡 Day 2: Did You Know? Not all funds follow a one-size-fits-all allocation model. When structures get more complex, think parallel funds, co-investments, or SPVs, investor allocations can differ between the fund and investment levels. We asked our Fund Controller, Emily Warren, what this really means for fund managers: ✔️ Allocations may diverge across entities and investments ✔️ Fees and expenses must follow the correct path ✔️ Cash flows must be precisely mapped to each investor Even small misallocations can ripple into distorted IRRs, inaccurate LP statements, and misrepresented fund performance. Learn about how we support funds 👉 https://lnkd.in/gfXEhr-y #vectorais #fundadministration #fundadmin #fundops #backoffice #investorreporting #LPs #privateequity #vc #venture #pe #tax #audit

Earlier this month, our team was honored to support this year’s Global Venture Network Summit, which brought together incredible innovators, investors, and builders shaping the future of venture creation. As a fund administrator committed to serving venture studios and accelerator-backed funds, we’re grateful for the opportunity to engage with so many leaders who are driving the next wave of entrepreneurship and innovation. A big thank-you to Jillian Friot and Steve Hayton for organizing such a wonderful and successful event! #GVNSummit #GlobalVentureNetwork #OneCommunityEmpoweringVentures #VectorAIS

📊 Fund Accounting, Unpacked: A “Did You Know?” Series Over the next 3 weeks, we’re breaking down fund accounting facts that every fund manager (and LP) should know. We sat down with our Fund Controller, Emily Warren, to spotlight the common misconceptions, overlooked details, and surprising truths that come up behind the scenes. Let’s kick off Day 1 ⬇️ 🔍 Did you know capital account balances under GAAP can differ significantly from tax basis capital accounts? GAAP reflects fair value and unrealized gains/losses, while tax basis reflects taxable income and realized activity. 👉 Do you know which version you’re using? Read more about this in our blog by Senior Fund Controller, Justin Thorn: https://lnkd.in/gx4fXUh4 Learn about how we support funds 👉 https://lnkd.in/gfXEhr-y #vectorais #fundadministration #fundadmin #fundops #backoffice #investorreporting #LPs #privateequity #vc #venture #pe #tax #audit

Fund administration shouldn’t be a bottleneck. At Vector, we’ve built a private equity solution that meets today’s expectations for speed, accuracy, and transparency without sacrificing the relationship-first approach we’re known for. ✔️ Purpose-built software with automated capital calls + on-demand LP access ✔️ Seamless support from first capital call through final distribution ✔️ Dedicated teams (no ticketing queues here) ✔️ White-glove service + deep fund ops expertise We provide the infrastructure and insight to keep you focused on value creation, not back-office fires. 🔗 Learn more: https://lnkd.in/gXcvBwGc #vectorais #fundadministration #fundadmin #fundops #backoffice #LPs #privateequity #pe #pebackoffice