Private Equity Fund Accounting & Administration Career Course (Online Live)

About the Course

The Private Equity industry is one of the most dynamic and lucrative sectors in the financial world, and with its growth comes an increasing demand for skilled professionals to handle the complex accounting and fund administration tasks that are essential to managing these investment vehicles.

This comprehensive course on Private Equity Fund Administration is designed to equip participants with the necessary skills and knowledge to pursue successful careers as accountants in private equity (PE) asset management firms and fund administration services. With a focus on core accounting functions, performance reporting, compliance, and the use of specialized tools and software, this course will provide deep insights into the unique aspects of PE fund accounting. It is ideal for those who hold professional qualifications such as Chartered Accountants (CAs), Certified Public Accountants (CPAs), MBAs (Finance), or any graduates with a degree in accounting and finance.

Meet Your Instructor

Ajit has 20+ years of experience working in the Capital Markets Business Operations, IT services and consulting. As a Partner and Practice Head of Wipro Asset & Wealth Management Practice he led a team of 250+ securities and capital markets business analysts and domain consultants. During his tenure at Wipro Ajit has worked on 50+ technology and functional consulting engagements with Custody Banks, Asset Management Firms, Brokerages, and Investment Banks across US and Europe. Ajit holds an Engineering degree with MBA in Finance.

Ajit Nair

Ex Practice Head, Wipro

Course curriculum

1. Course introduction
  FREE PREVIEW
2. Announcements, Zoom meeting link and Live class updates
3. Certfification Information
  FREE PREVIEW
1. Capital Markets – Service Providers in Financial Services
  FREE PREVIEW
2. Key Differences Between Public and Private Markets
  FREE PREVIEW
3. Private Markets - Investors and Asset Managers
  FREE PREVIEW
4. Asset classes - PE, Private Debt, Real Estate, Infrastructure, Natural Resources
  FREE PREVIEW
5. Emerging Trends & knowledge areas for professionals
  FREE PREVIEW
6. Private Equity Glossary
7. Activities - Private Equity Fund Accounting Associate
1. What is Private Equity?
2. PE Fund Life cycle
3. Fund type based on Subscription / Redemption - Closed Ended , Evergreen and Hybrid Funds
4. Fund type based on Stake in PorCo - Buyout Fund, Growth Equity, Venture Capital , Secondaries Fund, FOF
5. Fund Strategies- Leveraged Buyout (LBO), Mezznine Financing, Distressed Investments, Impact Investing, Co-Investment
6. Fund type based on asset class - Private Equity , Private Credit and Real Assets Funds
1. Private Markets Fund Structures - Simple Structure.
2. Private Markets Fund Structures - Alternate Structures
3. Commonly used Fund Structure ( US PE Firms)
4. Structure for US PE Fund sourcing Investment from European Investors
5. Core Capability Model - Business Functions
1. Capital Commitment – LP commitment, Capital Calls, Unfunded Commitment
2. Capital Call Process
3. Multi Close - Initial Close, Subsequent close, Final close
4. Equalization Interest in Multi-close scenerio
5. Equalization Interest - Numerical Example
6. Accounting for Capital Call
7. Operational Challenges in Capital call process
8. Side letter and its impact on Capital call processing
1. Fund Accounting V/s GP Accounting V/s ManCo Accounting
2. Role of a Fund Admin in Private Equity & Private Credit
3. Investor Onboarding (KYC-AML/ FATCA/CRS)
4. Chart of Accounts
5. Partnership Accounting concepts
6. PE Fund Accounting - LP Level GL
7. LP Level GL - Practical Approach
8. Importance of LP Level GL
9. PE Fund Accounting: Fund Level Journal Entries
10. Valuation of Investments
11. Fund Reporting (Statements) - PCAP, Statement of Assets and Liabilities, Statement of Operations, Schedule of Investments, Statement of Cash Flows,
12. PE Expenses - Chargeable to Fund v/s Chargeable to Management Company
13. Management Fee
14. Distribution Waterfall - American, European and Hybrid approach
15. Distribution Waterfall Calculation
16. Carried Interest Calculations
17. Variations ( Gross Carry, Nett Carry )
18. Waterfall Calculation (Return of Capital, Preferred Return, Return of Expenses
19. Clawback provision
20. Carried Interest & Distribution Waterfall - Key Points to remember for interview
21. Investment Performance - Return Concepts ( IRR, DPI, TVPI, RVPI, MOIC etc)
22. Tax Form sample - Schedule K-1
1. Basics of Fixed Income Investments
2. Core concepts in Fixed Income - Bond Covenants, Day Count convention, Trading & Settlement
3. Fixed Income Trading
4. Public Markets - Securities trade lifecycle
5. Introduction to Syndicated Loan
6. Syndicated Loan product definition
7. Syndicated Loan v/s bond
8. Types of Syndicated Loan products
9. Syndicated Loan documentation
10. Syndicate loan deal in motion
11. Loan Covenants
12. Syndicated Loan Trading & Settlement
13. Syndicated Loan Operations Associate Activities
14. Introduction to Securitization & Structured Products
15. Tranches in Securitized Products
16. Introduction to CLOs
17. CLO Lifecycle & loan trade operations
18. CLO overview pdf
  FREE PREVIEW
19. Introduction to Private Credit
20. Private Credit Products
21. Private Credit deal life cycle
22. PIK (Payment in Kind)
23. Private Credit Operations Associate Activities
1. Vinatage year
2. Dry Powder
3. Initial closing – subsequent closing – Equalization - Actualization
1. Interview Questions
1. Session 1
2. Session 2
3. Session 3
4. Session 4
5. Session 5
6. Session 6
7. Session 7 - Interview prep

About this course

$299.00
85 lessons
18.5 hours of video content