Investment Operations Associate

New York | Global Private Markets Investment Platform | New Business Launch

Auricoe is partnering with a leading international private markets investment platform to appoint an Investment Operations Associate to its New York business.

This is an opportunity to play a central role in the launch and development of a new GP Solutions investment strategy, supporting investments into private markets managers through seeding, staking and other strategic partnerships.

Working closely with investment professionals, Finance, Legal and external fund administrators, the successful candidate will help establish the operational infrastructure behind a growing investment platform, while taking hands-on responsibility for investment transactions, capital flows, valuations and reporting.

Unlike a traditional fund accounting position, this role offers exposure to the full investment lifecycle, combining technical investment operations with the opportunity to build processes, systems and controls for a new business.

The successful candidate will join the New York Finance team, working directly with investment professionals and senior stakeholders in the US and London.

A central part of the role will be helping establish the operating model for a new GP Solutions business, ensuring that each new investment partnership can be onboarded, administered, monitored and reported on effectively.

• GP Solutions launch and development: Help establish the operational framework for a new investment business, including entity formation, bank account opening, KYC, administrator onboarding and the development of scalable processes and controls.
• Investment transaction execution: Work alongside investment teams, Legal and external administrators to coordinate investment closings, divestments, funding arrangements and settlement activity.
• Capital flows and fund operations: Monitor and reconcile capital calls, distributions, cash movements and investment-related payments across funds and investment vehicles.
• GP partnership operations: Support the onboarding of newly seeded and staked investment managers, including reporting requirements, fee arrangements, revenue-sharing structures and distribution entitlements.
• Valuations and NAV oversight: Work with investment teams, fund administrators and Finance on quarterly valuations, NAV calculations, capital account reporting and audit requirements.
• Portfolio monitoring: Support investment and valuation committee processes, maintain investment and cash flow records, and assist with portfolio reporting and performance analysis.
• Fund administration and reporting: Coordinate with third-party administrators, auditors and other service providers to ensure accurate financial and investment reporting.
• Operational infrastructure: Develop and enhance investment operations procedures, reporting calendars, controls and systems as the business expands.

The role will also support an established private equity investment portfolio, providing exposure to ongoing investment activity, portfolio exits, valuations and investment committee processes.

• A strong understanding of private equity fund structures, capital accounts, capital calls, distributions, waterfalls and valuations.
• Experience gained within a private equity firm, alternative asset manager, fund administrator or public accounting firm, ideally involving private markets funds.
• Practical exposure to investment transactions, fund accounting, NAV processes, portfolio reporting or fund administration.
• Experience working with investment professionals, fund controllers, administrators, auditors and other external service providers.
• Strong analytical and financial skills, including advanced Excel.
• A high level of attention to detail and an understanding of financial controls, reconciliations and reporting accuracy.
• The confidence to engage with senior stakeholders and coordinate activity across investment, finance, legal and operational teams.
• A proactive, hands-on approach and an interest in helping establish new processes rather than simply maintaining existing ones.

Particularly relevant experience would include:

• Private equity fund accounting or fund controller responsibilities.
• Investment operations within private equity, private credit or other private markets strategies.
• Experience with GP seeding, GP staking, fund-of-funds, secondaries or co-investment structures.
• Fund launches, entity onboarding or the development of investment operations infrastructure.
• Working knowledge of investment accounting platforms, particularly Investran.
• A CPA qualification or progress towards completion.

Candidates do not necessarily need prior GP staking or seeding experience. A strong private equity fund accounting or investment operations background, combined with the ability and motivation to take on broader responsibilities, will be equally relevant.

Help launch a new investment business
Rather than joining a fully established operating structure, you will contribute directly to the development of a new GP Solutions platform, helping determine how investment operations are managed as the business grows. 

Gain exposure beyond traditional fund accounting
The role combines fund operations, transaction execution, valuations, reporting and direct interaction with investment professionals, providing a broader perspective on how private markets investments are originated, executed and managed.

Work closely with senior investment professionals
You will have regular exposure to investment teams and senior stakeholders across New York and London, with the opportunity to develop a deeper understanding of private equity investment structures and GP partnerships.

Join an established international investment platform
The organisation offers the financial backing, institutional infrastructure and international reach of a global private markets investor, alongside the opportunity to contribute to an entrepreneurial new business.

Develop your career as the platform expands
This position offers the opportunity to build specialist expertise in an evolving area of private markets investing while taking on increasing responsibility as new investment partnerships are established.

Compensation: £150-175K base salary plus performance-related bonus