# The Operators Fund

The Operators Fund is a RIA based in New York, United States.

## Overview

- **Organization type:** RIA
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** San Francisco, CA, United States
- **Founded:** 2008
- **Assets under management:** $100M–$250M (Altss estimate)
- **Website:** theoperatorsfund.com

## Regulatory record

- **CRD number:** 340501
- **SEC file number:** 801-135671
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/340501

## About

The Operators Fund Investment Management, L.P. is an SEC-registered investment adviser in New York, NY, registered since 2026. It has 4 employees and 2 investment advisers. The firm is based in New York.

## Sectors

- Enterprise Software
- AI/ML
- ClimateTech
- Digital Health
- Robotics & Automation
- Industrial Tech

## People

- Trae Vassallo — Co-Founder
- Susie Kimport Vassallo — Co-Founder

## Questions

### Who runs investment decisions at The Operators Fund?

Co-founders Trae Vassallo and Susie Kimport Vassallo share investment committee authority and execute all final partnership decisions jointly. Trae Vassallo’s background — including nearly 12 years at Kleiner Perkins and prior product-design roles — anchors the technical side of diligence, while Susie Kimport Vassallo contributes operating and go-to-market perspective.

### Does The Operators Fund participate in fund commitments or only direct deals?

The firm strongly favors direct equity stakes and occasional special-purpose vehicles, avoiding blind-pool fund-of-funds commitments. To date, the partnership has not disclosed any LP commitments into external venture funds, preferring to build exposure one name at a time.

### What investment stages does The Operators Fund typically target?

Seed and Series A represent the core deployment zone, with initial check sizes that start in the low seven figures. Limited follow-on capital is reserved for breakout portfolio companies through Series B, but the firm does not pursue late-stage or pre-IPO growth rounds.

### Which sectors does The Operators Fund explicitly avoid?

The firm has not invested in consumer-internet, pure-play fintech lending, advertising technology, cryptocurrency protocols, or biotech drug development. Its product-review diligence process naturally filters out sectors where the partners lack technical depth or operating credibility.

## Related profiles

- [The Northstar Group](https://altss.com/profile/the-northstar-group-inc)
- [THE PACIFIC CENTER FOR FINANCIAL SERVICES](https://altss.com/profile/the-pacific-center-for-financial-services)

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Last updated: 2026-07-06T01:24:27.035Z

Canonical page: https://altss.com/profile/the-operators-fund-investment-management-lp

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