Role & Responsibilities
Investors / LPs
Get the contribution agreements signed and take care of the documentation on an ongoing basis
Keep investors updated through regular communication as well as cater to any ad hoc requirements that come along
Share deals as they are cleared by IC and request for commitments from the investors.
Run the business rules of allotment and address situations of over and under commitment
Preparation of workings and computations as and when the Fund returns proceeds as the fund exits from portfolio companies
Portfolio Management & Tracking
Coordinate with the lawyers and any other external parties for closing transaction deal closure documentation both at the time of investment and exit
Ensure all documentation and processes are adhered to before funds are transferred to the portfolio company
Work with the investment team and put in place an portfolio company reporting mechanism and regular updating
Overall incharge of preparing the quarterly Fund reports to be sent to LPs
Financial Accounting
Coordinate with the Fund Administrator in ensuring robust Book-keeping, Financial Accounting, Audit, Tax Advisory, filings with statutory authorities
Maintain Investor wise and Deal wise P/L statements
Have a process of being able to regularly update the NAV of the fund and communicate
Calculate the management fees and coordinate with the Fund Administrator to ensure regular collection
Calculate the carry fees on exits and coordinate with the Fund Administrator to ensure collection
Compliance
Ensure all fund documentation with LPs is in place and all the Fund's activities are in compliance at all times
Ensure that all documents with the investors or investee are kept safe and secure.
Along with the investment team, ensure that the portfolio company adheres to all the various compliances
Work with the Fund Administrator to ensure that all the other external service providers are in compliance and compliant with the regulatory norms
Ensure all regulatory (SEBI / RBI and any other regulator) requirements including reporting are complied with
Candidate Profile