Our client is a global investment management firm with over $200 billion in AUM offering a diverse range of investment products across fixed income, equities, emerging markets, and alternative investments for institutional and individual clients.
Responsibilities:
Prepare borrowing and repayment notices, issuer orders, borrowing base and compliance certificates
Prepare and review month-end NAV and closing packages
Prepare calculations of management fees, fund level IRRs, incentive fees and carry allocations in accordance with governing fund documents
Process payments, booking, and review all fund level expenses and setup accrual schedules
Prepare and review quarterly financial statements
Maintain capital activity report of unfunded commitments, recallable capital, and available capital
Prepare and review capital call and distribution notices for various funds
Assist with the RIC and 40 act asset-diversification and asset coverage tests as well as various income and distribution tests
Requirements:
Bachelor’s degree required
5-7 years of fund accounting experience
Familiarity with middle market and syndicate loans, private equity structures, RIC’s and BDC’s
An understanding of credit facility agreements and covenant compliance requirements
Redwood City, California