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. 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. 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. Private Markets Fund Structures - Simple Structure.
2. Private Markets Fund Structures - Alternate Structures
3. Fund of Fund
4. Organization structure
1. Capital Commitment – LP commitment, Capital Calls, Unfunded Commitment
2. Capital Call Process
3. Operational Challenges in Capital call process
4. Side letter and its impact on Capital call processing
5. Accounting for Capital Call
6. First Close, Subsequent close, Final close
7. Equalization Interest
1. Fund Accounting V/s GP Accounting V/s ManCo Accounting
2. Role of a Fund Admin in PE
3. Services Provided by PE fund Admin
4. Investor Onboarding (KYC-AML/ FATCA/CRS)
5. Fund Accounting & Financial Reporting
6. Partnership Accounting concepts
7. Chart of Accounts
8. Accounting (Journal Entries) for Assets acquisition, Expenses, Income
9. Valuation on Investments
10. Fair Value Reporting (GAAP / IFRS)
11. Investor Reporting
12. Statement of Assets & Liabilities (Instead of Balance Sheet)
13. Statement of Operations (Instead of Income Statement)
14. Statement of Investment Portfolio
15. Statement of Cash Flows
16. Statement of Partners’ Capital
17. PCAP - Capital Account Statement (Investor-Specific)
18. K1 Statement
19. Fee Structures
20. Management Fee
21. Distribution Waterfall
22. American waterfall
23. European waterfall
24. Hybrid
25. Carried Interest Calculations
26. Variations ( Gross Carry, Nett Carry )
27. Waterfall Calculation (Return of Capital, Preferred Return, Return of Expenses
28. Clawback provision
29. Return Concepts ( IRR, DPI, TVPI, RVPI, MOIC etc)
1. CRM system and commitment tracking
2. Fund Accounting system
3. Portfolio company data - ilevel
4. Data platform
5. Data providers
6. Investor portal
1. Session 1
2. Session 2
3. Session 3
4. Session 4
1. Vinatage year
2. Dry Powder
3. Initial closing – subsequent closing – Equalization - Actualization
1. Interview Questions

About this course

$249.00
92 lessons
12 hours of video content