Hybrid Manager, Private Market Funds

at Fengate Asset Management

• Job title: Manager, Private Market Funds
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: Not specified
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Oakville, Canada

About the role

• Manager overseeing the Fengate Private Markets Fund operations, managing financial reporting and portfolio allocations. Collaborating with teams across Infrastructure, Real Estate, and Private Equity sectors.

Responsibilities

• Manage the operations of the Fund, including capital activities (capital calls and distributions), investor and investment closings, fund flows, investor onboarding, and redemptions.
• Manage liquidity requirements to ensure the Fund meets operational and financial needs.
• Oversee the performance of portfolio allocations by tracking key financial metrics and conducting periodic review with the fund managers.
• Perform financial analysis, including portfolio allocation and scenario analysis by utilizing the fund model.
• Ensure compliance with regulatory requirements and governing fund documents.
• Coordinate with business units such as Infrastructure, Real Estate and Private Equity to ensure seamless fund operations.
• Serve as the primary point of contact for the Investor Relations team to assist with investor inquiries and fundraising initiatives.
• Review quarterly investor financial statements and investor reports.
• Identify and mitigate operational risks by implementing best practices in fund management and ensuring proper internal controls are in place.
• Liaise with the tax team and advisors to manage tax filings and compliance with the U.S. and Canadian tax authorities.
• Oversee the fund’s external administrator to ensure accuracy and completeness of accounting records and financial reports.
• Conduct ad-hoc financial analysis to support the Private Markets Fund team and broader Fengate team, including asset management, legal, investments, etc.
• Provide mentorship and guidance to team members to ensure their growth and professional development.

Requirements

• CPA designated with 5-7 years of experience.
• Preference given to candidates with private fund and/or asset management experience.
• Undergraduate degree in accounting, finance, or other relevant technical discipline.
• Strong attention to detail.
• Self-motivated and proactive, with the ability to manage workload and drive professional development.
• Excellent analytical, and problem-solving skills.
• Commitment to high-quality standards with a continuous drive to explore new approaches, insights, and presentation methods.
• Proficiency in Microsoft Excel and PowerPoint; financial modelling experience or training would be an asset.
• Proven ability to manage multiple tasks with strict deadlines while working collaboratively within a team.
• Excellent interpersonal and communication skills, with the ability to build and maintain effective relationships with both internal and external stakeholders.