PayPal has reportedly instead spent months preparing for a possible activist campaign or unsolicited takeover attempt.
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The fund targets private companies with strong execution, high growth and established leadership that operate in large addressable markets and benefit from sustained technological innovation.
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XRG, the energy investment arm of ADNOC, is among the potential bidders and is considering an investment of up to 50 percent in Energos.
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OpenZeppelin provides onchain security assessments, secure development services and open-source smart contract infrastructure.
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Rao joins Vector after five years at Vista Equity Partners, where he was chief operating officer of its operations team.
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