Vector Capital Management, L.P. (“Vector”), a leading private equity firm specializing in transformational investments in established software and technology businesses, today announced that Kiran Rao has joined the firm as Managing Director and Head of Value Creation and will serve on the firm’s Management Committee.

Mr. Rao joins Vector from Vista Equity Partners, where he served for five years as Chief Operating Officer of its Operations team and led its AI task force across more than 50 enterprise software companies. Previously, he was an Operating Partner at TPG and a Senior Engagement Manager at McKinsey & Company.

“Throughout Vector’s history, we have sought leaders capable of translating operational rigor into lasting value, and Kiran exemplifies that standard,” said Alex Slusky, Founder of Vector Capital. “His experience directing transformation at scale, combined with a clear understanding of how AI is changing the operating landscape, makes him uniquely suited to lead this next chapter for our firm.”

“Vector has distinguished itself over the past three decades by identifying complex investments that others have overlooked and driving meaningful operational transformation to build highly valuable businesses,” said Amish Mehta, Chief Investment Officer of Vector Capital. “We set out to find a leader who could match the ambition we have for Vector in this dynamic environment that requires many technology companies to transform their operations to unlock further value and capitalize on the AI opportunity. Kiran has spent his career doing exactly this work at the highest level. With him leading our value creation engine, we are strengthening what Vector has always done best — and extending it into the AI era.”

“It is a privilege to be a member of the Vector team, which has an exceptional culture and approach that is key to its operating model,” said Mr. Rao. “The work of value creation is getting harder — companies are more complex, markets move faster, and AI is redefining what operational transformation means. While much of the industry chased prized assets at premium valuations and bet on growth at any price, Vector spent three decades mastering the parts of the market others walked away from. In this time of turbulence and uncertainty driven by AI, Vector’s strategy and investing process has an opportunity to shine.”

About Vector Capital

Vector Capital is a leading private equity firm specializing in transformational investments in established technology businesses. Founded in 1997 and headquartered in San Francisco, Vector has completed more than 60 platform investments across nearly three decades of operationally intensive, majority-control technology buyouts. Vector partners actively with management teams to devise and execute strategies that transform businesses and build long-term value. For more information, visit www.vectorcapital.com.

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