Private equity firm Vector Capital has completed a $450-million restructuring of two vintage funds, Vector Capital II and III, with Singapore sovereign fund GIC and Goldman Sachs becoming the largest limited partners (LPs) in the two funds.
Goldman Sachs Asset Management’s Vintage Funds and GIC, in fact, led the transaction for the fund restructuring for US-based Vector Capital that is known to specialize in transformational investments in technology businesses, an announcement from the firm said on Tuesday.
