Fund Launch & Migration Support

Supporting You from Day One

Launching or migrating a fund can be complex, but our our team is here to help. We provide Fund Launch and Migration Support to ensure everything runs smoothly from the start.

New Launch

• Document Review and Operational Guidance: Vector conducts high-level reviews of draft governing and subscription documents, providing operational guidance on key fund terms and accounting mechanics.

• Service Provider Recommendations: We offer recommendations and introductions to tax, audit, banking, legal, and other necessary service providers.

Migration

• Investment History: Vector will record all investment purchases, sales, conversions historically on the date in which they were recorded in your historical files, leveraging your general ledger as the formal source of truth.  

• Investor Capital Transaction History: Vector will record all capital contributions and distributions by investor historically on the date in which they were recorded in your historical files, leveraging your general ledger as the formal source of truth.

• Current Year Activity: Vector will prepare shadow books and mirror your previously administered financials to material accuracy. All cash transactions will be recorded in our systems, mirroring how they were recorded in the documentation provided during onboarding. Vector will ensure mirroring financial statements as well as investor capital accounts, as provided. Investor transfers during the current year will be processed according to the executed transfer agreements. If there are any errors uncovered during the onboarding period, Vector will recommend changes to be made in the first reporting period per your engagement letter.

• Prior Year Activity: Excluding investment transactions and investor capital transaction history, Vector will beginning balance load all balance sheet and income statement items in their proper chart of account within our general ledger. Investor transfers that have occurred during previous calendar years will not be recorded; rather the transferee will receive all historical allocations ensuring alignment with provided ending capital account balances. Vector will ensure the financials we generate after prior year onboarding is complete coincide directly with provided financial statements delivered to your investors. If audited, Vector ensures financials will match prior year audits.

• Investor Contact and Tax Information: Vector will leverage client approved contact lists to build out our investor portal CRM and document delivery permissions.