San Francisco, Calif. – Vector, a modern fund administration services provider to closed-end alternative investment firms, today announced Molly Yakubian has been named Managing Partner.
Yakubian has served as Vector’s Chief Operating Officer since mid-2021 and has a proven track record of driving business growth and improving operational efficiencies. In her new role as Managing Partner, Molly will oversee all day-to-day operations of the company and guide its strategic direction. Under her leadership and with the backing of committed investors, Vector will continue to grow and fulfill its mission of modernizing fund administration.
As the alternative asset industry expands and there is an increasing demand for real-time data, fund managers are plagued by inefficient and outdated tools for tracking financial performance metrics, assessing portfolio risk, and delivering timely communications. Vector’s top priority is to deliver industry-leading technology, top tier talent and a comprehensive suite of integrated fund services to clients and industry participants to address these challenges.
“I am excited to lead Vector into its next chapter, particularly as we strive to reach significant milestones in 2023,” said Yakubian. “I believe that diverse perspectives and experiences are crucial for success, and I’m thrilled to continue to work with our amazing team to drive growth and impact. Our entire team is focused on collaborating with clients and the industry to vastly improve fund administration and provide a seamless stakeholder experience.”
As a company, Vector is committed to advancing diversity and inclusion in leadership, and looks forward to the positive impact this transition will have on company culture and performance.
Vector is a different kind of fund administrator. Vector is committed to building the next generation of fund administration. We provide closed-end alternative investment firms with industry-leading technology, top-tier talent, innovative workflows, and a comprehensive suite of integrated fund services.
Our offerings include: fund accounting and reporting; capital calls and distributions; fund operational support; investor reporting and access to an LP portal; fund launch support; tax and audit process management; general partner support and anti-money laundering screening.
Based in Boston, Molly has spent her career in the alternative investment industry, both as a consultant advising fund managers on regulatory compliance matters, and in business development roles working with managers to solve challenges related to compliance, technology, performance, ESG, cybersecurity and risk, and back office outsourcing. Molly graduated from the University of Massachusetts with a bachelor’s degree in finance and is a CAIA Level II candidate.
Having worked both in-house at a private equity shop, as well as in consultative roles with hundreds of managers across a wide spectrum of industry challenges, Molly developed a passion for problem-solving, a commitment to enablement, and ambition for creating synergies between fund managers and service providers.
When not working, Molly spends her time with her two young children, and their family rescue dog, Lani, whom she loves to take for trail runs.
Matt is an alternative investment industry veteran with a passion for helping others – whether it’s assisting fund managers operate their funds, investors track their investments, team members develop their careers or service providers expand their practice. Matt and his team are working hard to build an industry-leading technology solution that brings these parties together.
An Ontario, Canada native, Matt graduated from the University of Western Ontario with a degree in business. He went on to earn the CPA designation before spending time in the Cayman Islands auditing alternative investment funds. Prior to starting Vector AIS (Alternative Investment Services), Matt was a director in the San Francisco office of a premier closed-end fund administrator where he led teams administering various investment strategies, including some of the biggest names in the venture capital industry.
Matt is obsessed with efficiency and enjoys designing elegant solutions to complex problems. He is an adventure seeker who loves hitting the slopes and single-track bike trails. He’s also into adventure travel, including jungle hiking and street food tours. In his down time, he likes to cook or read a book. Matt is currently based out of San Francisco.