Fund Reporting - Analyst / Associate

iCapital is powering the world’s alternative investment marketplace. Our financial technology platform has transformed how advisors, wealth management firms, asset managers, and banks evaluate and recommend bespoke public and private market strategies for their high-net-worth clients. iCapital services, approximately $218 billion in global client assets invested in 1,760 funds, as of January 2025.

iCapital has been named to the Forbes Fintech 50 for seven consecutive years (2018-2024); a three-time selection by Forbes to its list of Best Startup Employers (2021-2023); and a four-time winner of MMI/Barron’s Solutions Provider award (See link below).

About The Role

iCapital is looking for an Analyst or Associate to join the Fund Reporting team. This role will be responsible for the preparation and distribution of investor communications, with an emphasis on client reports for private equity feeder 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 and hedge funds.

Responsibilities

• Work on a team of investment professionals who are responsible for the preparation and review of quarterly client reporting with respect to feeder funds in private equity, real estate, secondary, and credit fund-of-funds currently under management:
• Review, digest, and extract information from the reports provided by the underlying private equity sponsors and draft the relevant information to be included in the client quarterly performance updates.
• Prepare, analyze, and review quantitative fund and portfolio company performance information for inclusion in the reports. Liaise with administrators to determine correct quantitative data for reporting purposes and be able to 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 members of the team.
• Serve as the Private Equity product specialist in connection with requests for information from relationship managers and clients (i.e. regarding fund performance, capital calls, and other fund-related activities) as well as fund performance update meetings.
  

Qualifications

• 1-5 years’ experience, preferably with hedge fund, private equity, and/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 must be able to independently solve problems
• Microsoft office skills 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 a positive attitude, willingness to roll up one’s sleeves and get the job done, and a desire to work in a fast-moving entrepreneurial environment
  
  

Benefits

The base salary range for this role is $70,000 to $100,000. iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).

We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office Monday-Thursday, with the flexibility to work remotely on Friday.

For additional information on iCapital, please visit https://www.icapitalnetwork.com/about-us Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Awards Disclaimer: https://www.icapitalnetwork.com/about-us/recognition/

iCapital is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.