SAN FRANCISCO–(BUSINESS WIRE)–Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced it has promoted five individuals across its investment and value creation teams. Sandy Gill has been promoted to Managing Director, and Stephen Goodman, Amir Ravandoust, Gabriel Shields-Estrada, and Tom Smith have been promoted to Principal.
Additionally, Vector Capital announced that private equity veteran Mac Hofeditz, who most recently was a Managing Director at GCA Advisors where he founded and led its Private Funds Group, has joined the firm as Managing Director and Head of Marketing and Investor Relations.
Commenting on the promotions, Alex Slusky, Founder and Chief Investment Officer of Vector Capital, said, “These promotions are amply deserved and reflect Vector Capital’s commitment to developing world class talent and promoting from within. Sandy’s promotion to Managing Director reflects his hard work and significant achievements since joining Vector over ten years ago as an associate. Tom and Stephen have also spent their entire careers on the investment team at Vector since before enrolling at business school and each exemplify the values and commitment to excellence that set our talented team apart. Moreover, as members of our Value Creation Team, Amir and Gabriel have each made impressive contributions to our firm and work tirelessly to strengthen our portfolio companies. We look forward to the continued impact of this talented group as we continue to oversee strategic growth and transformation for our technology businesses.”
Commenting on Mr. Hofeditz joining Vector Capital, Mr. Slusky added, “Mac has been a valuable resource to Vector over the many years I have known him, and we are delighted to welcome him to the Vector team. He is a proven industry leader and brings significant experience and relationships that will enable us to further expand our client service capabilities to better meet the increasing needs of our investors worldwide.”
About Vector Capital
Vector Capital is a leading global private equity firm specializing in transformational investments in established technology businesses. With more than $3 billion of capital under management, Vector actively partners with management teams to devise and execute new financial and business strategies that materially improve the competitive standing of businesses and enhance value for employees, customers, and all stakeholders. For more information, visit http://www.vectorcapital.com.
Contacts
Nathaniel Garnick / Grace Cartwright
Gasthalter & Co.
(212) 257-4170
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