Private Markets Fund Accounting & Administration Associate

Private Markets Fund Accounting & Administration Associate - Feb 2025

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. Live class updates
1. Batch2 Class Recording - Session 1
2. Batch 2 Class Recording - Session 2
3. PPT - Session 1 & 2
4. Batch 2 - Session 3
5. Batch 1 Class Recording Session 4
6. Batch 1 Class Recording Session 5
7. Batch 1 Session 6
8. Batch 1 Session 7
9. Skillboard Exam info session
1. Capital Markets – Service Providers in Financial Services
2. Key Differences Between Public and Private Markets
3. Private Markets - Investors and Asset Managers
4. Asset classes - PE, Private Debt, Real Estate, Infrastructure, Natural Resources
5. Private Markets Fund Structures
1. What is Private Equity?
2. Types of Private Equity Fund
3. Buyout Fund
4. Growth Equity Funds
5. Venture Capital Funds
6. Real Assets Funds (Real Estate , Infrastructure, Natural Resources)
7. Fund of Private Equity Funds
8. Secondaries Funds
9. Impact Investing / ESG
10. Live recording - Session 2
1. Leveraged Buyout (LBO)
2. Mezzanine Financing
3. Distressed / Turnaround Investment
1. Legal Structure
2. Organization structure
3. PE Fund Life cycle
4. Capital Commitment – LP commitment, Capital Calls, Unfunded Commitment
5. Private Equity Fee Structure – Management Fee and Performance (Carried Interest)
6. Return Concepts ( IRR, DPI, TVPI, RVPI, MOIC etc)
1. Basics of Fixed Income Investments
2. Core concepts in Fixed Income - Bond Covenants, Day Count convention, Trading & Settlement
3. Introduction to Syndicated Loan
4. Syndicated loan Operations
5. Syndicated Loan Trading & Settlement
6. Introduction to Securitization & Structured Products
7. Introduction to CLOs
8. CLO operations
9. Introduction to Private Credit
10. Private Credit deal life cycle
11. Private Credit Operations
1. Role of a Fund Admin in PE
2. Services Provided by PE fund Admin
3. Investor Onboarding (KYC-AML/ FATCA/CRS)
4. Capital Calls & Distribution management
5. Fund Accounting & Financial Reporting
6. Partnership Accounting concepts
7. Accounting for Capital Call
8. Accounting 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 & Performance 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. Equalization - Actualization
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. Vinatage year
2. Dry Powder
3. Initial closing – subsequent closing – Equalization - Actualization
1. Interview Questions

About this course

$149.00
85 lessons
15 hours of video content