Fund administration is everything that happens behind the scenes to keep your fund running accurately and compliantly. That means maintaining your general ledger, calculating and distributing capital calls and distributions, preparing financial reports for your LPs, coordinating with auditors and tax advisors, and managing investor onboarding and communications.

Running this in-house is possible early on. But as your fund grows with more LPs, more complexities, and more reporting requirements, the operational load compounds quickly. That's where Vector comes in.