Insights

Valuation complexities often evolve as funds mature, presenting new challenges for fund managers, auditors, and fund administrators alike. To shed light on this topic, we’ve collaborated with Angie Ty, an audit partner at CohnReznickLLP with expertise in the alternative investments industry, to outline key valuation considerations for mature portfolios, best practices for reasonable fair valuations, common red flags identified by auditors, and ways fund administrators can enhance transparency in the valuation process.

In March 2025, the SEC staff issued revised guidance on Rule 206(4)-1 under the Investment Advisers Act of 1940 — better known as the Marketing Rule. This update comes amidst broader political transitions, as the new administration reevaluates rulemaking priorities. With Paul Atkins, a former SEC commissioner known for his emphasis on investor harm in enforcement actions, now nominated as Chairman, the SEC’s regulatory posture is poised for a shift.

On March 12, 2025, the U.S. Securities and Exchange Commission (SEC) issued two new Compliance and Disclosure Interpretations (C&DIs) and a no-action letter in response to a request from Latham & Watkins LLP, clarifying the verification process for accredited investors under Rule 506(c) of Regulation D.

Distributions are a key milestone in the lifecycle of a closed-end fund, representing the return of capital and profits to investors. Proper handling of distributions not only ensures compliance with fund terms and regulatory requirements but also strengthens relationships with limited partners. In this blog, we outline best practices fund managers should follow to streamline their distribution process.

In fund management, every dollar and every hour matter. Yet, many fund managers overlook one of the most significant drains on their resources: inefficient fund operations. While these inefficiencies may not always be immediately visible, they add up over time—impacting performance, investor trust, and the ability to scale effectively.

Warehousing deals can be a strategic advantage for fund managers, offering the ability to secure promising investments before a fund's close. However, these arrangements come with complexities that require thoughtful planning and execution.

At Vector AIS, we’ve witnessed firsthand how technology can revolutionize the fund administration process. Our proprietary platform, Valence, integrates fund software capabilities, an intuitive LP portal, and powerful tools designed specifically for closed-end alternative investment funds. In this blog, we’ll explore how technology is reshaping fund administration and why tools like Valence are no longer optional but essential.

Learn the essentials of capital accounts, their components, and how they impact LPs in alternative investment funds.

Discover how fund managers can tackle data chaos, build investor confidence, master fundraising, manage growth, and stay ahead in a competitive market with expert tips and tools like Valence by Vector AIS.

Tax and audit season can be a challenging time for fund managers, with complex compliance requirements and meticulous data management. Prepare for a smooth tax and audit season with our guide for fund managers.

When you're pitching VCs, it’s not enough to rely on the strength of your numbers alone—now is the time to pull out all the marketing stops.

At the LTO Summit in September, the "FinOps Tango" session explored strategies to optimize these two crucial functions to reduce inefficiency and risk, as well as how to make critical decisions about outsourcing versus in-house.

FinCEN’s new AML rule aims to close gaps in client due diligence in private funds and venture capital by requiring investment advisers—including RIAs and ERAs—to implement an AML/CTF program with specific reporting requirements.

We are thrilled to introduce our newest integration with The Coterie, a revolutionary platform designed to redefine investor reporting and streamline capital calls for your LPs.

Though the idea of switching fund administrators might seem daunting. However, fund managers need not fear this transition. If it is the right move for the firm, the benefits can far outweigh the perceived challenges, making the switch a worthwhile consideration.‍

In this blog, we dive into the intricacies of fund budgeting and portfolio construction for closed-end funds.

Vector, a leading provider of modern fund administration services for closed-end alternative investment firms, is thrilled to announce the achievement of SOC 2 Type 2 Certification for its Valence system, as well as its internal security and operational controls.

We had our fourth episode in the Essential Fund Launch Webinar Series. Accompanying us were Strut Consulting VC Ops experts, Kristen Ostro, Founder and CEO, and Nicole Fuller, COO.

Recapping the first half of our 2023.

Our CEO and Managing Partner, Molly Yakubian, was joined by Passthrough’s Chief Legal and Compliance Officer, Julius Leiman-Carbia, Financial Crimes Analyst, Ricardo Serrano, and Product Manager, Justis Midura, to discuss AML and KYC obligations for fund managers.

We had the privilege of hosting Tim Flannery and Ben Doran, Co-Founders of Passthrough, as our guest speakers for our second session of the Essential Fund Launch Webinar series.

We sat down with Fund Formation and Tax Partners, Yoni Tuchman and Aalok Virmani of DLA Piper to discuss all things venture fund formation.

In this blog post, we’ll unpack some of the key metrics used to measure and compare the effectiveness of funds.

Today, we have the pleasure of introducing you to Kyle Raskin, a vital member of our team and Fund Controller at Vector. Beyond being an incredible team member, getting to know Kyle on a personal level has been an absolute delight. Read on to learn more about Kyle!

Our Q1 2023 roundup newsletter.

The Securities and Exchange Commission (SEC) has recently released their examination priorities for the upcoming year, with a focus on the regulatory compliance of RIAs managing private funds.

New leadership renews the firm’s commitment to solve long-standing fund administration challenges for the alternative asset industry.

Vector introduces Valence, a proprietary, cloud-based platform designed to shift the way teams work and improve historical fund accounting processes.

Like many of you, we recently learned of Assure shutting its doors, leaving many fund and SPV managers scrambling to find a solution. This is difficult timing right before the turn of the year, and we want to offer help to those left without support.

Strong financial foundation is a vital step towards achieving financial security.

Life is full of unexpected twists and turns, and having a financial safety net is necessary.

But the team has been super welcoming and I couldn’t be happier with my decision to join.

Our first newsletter!

A overview of fund administration.