Fund Reporting - Analyst / Associate

iCapital•Salt Lake City, UT

7d•Hybrid

About The Position

iCapital is looking for an Analyst or Associate to join the Fund Reporting team. This individual will be responsible for the preparation and distribution of investor communications, with an emphasis on client fund level reports for private equity fund-of-funds, feeder funds, and monthly hedge fund reporting for private clients. This individual will have constant interaction with industry leading wirehouses, as well as investment and accounting professionals at the underlying private equity funds and hedge funds.

Requirements

1-4 years of experience, preferably with hedge funds, private equity, or real estate industry, and open to recent graduates with relevant experience
Previous experience in report writing, investor communications, and business writing skills are preferred
Motivated, detail-oriented, and able to independently solve problems
Microsoft office skills are required (Word, Excel, PowerPoint). Strong knowledge of Excel with experience of manipulation and presentation of data
Strong communication skills are essential
Able to handle multiple tasks and prioritize assignments with excellent time management skills
Proactive team player with positive attitude and willingness to work in a fast-moving entrepreneurial environment

Responsibilities

Work on a team of investment professionals responsible for the preparation and review of quarterly fund level client reporting with respect to private equity, real estate, secondary, and credit fund-of-funds and feeder funds currently under management.
Review, digest, and extract information from reports provided by underlying private equity sponsors and draft relevant information for client quarterly performance updates.
Prepare, analyze, and review quantitative fund and portfolio company performance information for inclusion in reports.
Liaise with administrators to determine correct quantitative data for reporting purposes and understand portfolio company performance and fund valuation drivers.
Coordinate internal compliance review and approvals.
Ensure timely distribution of reports to clients and relationship managers.
Review monthly hedge fund fact card reporting.
Draft wording for capital call and distribution notices to investors.
Maintain communication with underlying financial sponsors regarding portfolio company activities and their impact on valuation.
Coordinate periodic investment portfolio and valuation reviews with other team members.
Serve as the private equity product specialist for requests for information from relationship managers and clients (regarding fund performance, capital calls, and other fund-related activities) and for fund performance update meetings.