Client Operations Associate, Private Markets
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Aksia
San Diego, CA, US
Summary
The associate will assist with middle and back-office operations and account services for private market funds, including recording transactions and tracking forecasted cash flows like capital calls and distributions. Responsibilities also involve reviewing closing packages, fee calculations, investor statements, and working on the year-end audit process.
Job Description
Aksia Overview
Aksia is an alternative assets specialist, providing bespoke investment solutions for institutional investors globally. Our business provides clients with advisory, investment management, and research services across private credit, private equity, real assets, and hedge funds. As of October 31st, 2025, Aksia advises on over $326bn and manages $34bn of client capital.
Position Overview
Aksia is seeking an associate level professional to join our Private Markets Client Operations team. Our client operations team is responsible for providing comprehensive accounting and middle/back-office solutions to our global client base. The incumbent will also collaborate daily with Aksia’s investment, risk, data and Pan Alternatives professionals. Ideal candidates will be highly detail oriented, possess excellent quantitative analysis skills, and be comfortable working in an ever-evolving environment.
This position can be based in Aksia’s San Diego office, or fully remote (preferred in a US Pacific or mountain time zone) and will include regular interaction with global colleagues and clients.
Responsibilities:
- Assist with middle and back-office operations and account services on private market funds
- Record transactions to the company’s investment management system
- Liaise with investment managers, third party administrators and banks
- Track forecasted cash flows – capital calls, distributions, invoices, etc.
- Review all transaction documentation and supporting files, and understand the features of the investment transactions, accruals, etc.
- Review monthly/quarterly closing packages for accuracy and completeness, including capital activity, investment activity, income and expense accruals, valuation adjustments, etc.
- Review management fee calculations, including offset amounts, management fee waiver contributions, etc.
- Review investor allocations and capital account statements
- Review capital call and distribution calculations, sources/uses of cash, allocations, and investor notices
- Review distribution waterfall (carried interest) models, in keeping with the applicable fund terms
- Prepare and/or review financial statements, notes disclosures, and supporting schedules
- Work on the year-end audit process, in collaboration with the client and auditors and service providers
Qualifications:
- 3 to 5 years of fund accounting/operations experience, ideally at a fund administrator, investment manager, public accounting firm or other financial institution
- Knowledge of private equity, private credit, fund accounting, legal structures, investment objectives, fee structures.
- CPA preferred but not required
- Strong quantitative and qualitative skills
- Advanced professional proficiency in Microsoft Excel
Aksia LLC, together with its wholly owned subsidiaries (collectively, “Aksia”) provides specialist alternative investment research and portfolio advisory solutions to institutional investors and we advise on $301 billion AUA and $25 billion AUM of client alternative allocations. We represent experienced pension plans, insurance companies, government-related institutions, endowments, foundations and superannuation funds. Aksia has over 460 employees who are located in seven offices across North America, Europe, and Asia, with headquarters in New York City and main offices in London and Tokyo.*
*All references herein refer to Aksia LLC, together with its wholly owned subsidiaries (collectively, “Aksia”). AUA/AUM is as of November 30, 2023. AUA is defined as the sum of the NAV and unfunded commitments of our clients' underlying investments. AUM is defined as the sum of the NAV and unfunded commitments of our clients' underlying investments and the amounts committed to an Aksia-managed vehicle but not yet committed to an underlying investment. AUA/AUM represents assets advised and/or managed by Aksia and tracked by Aksia’s Client Operations team. AUM includes all accounts where Aksia serves as the investment manager, whether in a fully discretionary manner or where the client retains veto/approval authority.. Number of professionals and experience is as of January 31, 2024.
Founded
2006
Company size
201-500 employees
Industry
Financial Services
Org type
Privately Held
Headquarters
New York, NY
Aksia LLC, together with its wholly owned subsidiaries (collectively, “Aksia”) provides specialist alternative investment research and portfolio advisory solutions to institutional investors and we advise on $301 billion AUA and $25 billion AUM of client alternative allocations. We represent experienced pension plans, insurance companies, government-related institutions, endowments, foundations and superannuation funds. Aksia has over 460 employees who are located in seven offices across North America, Europe, and Asia, with headquarters in New York City and main offices in London and Tokyo.*
*All references herein refer to Aksia LLC, together with its wholly owned subsidiaries (collectively, “Aksia”). AUA/AUM is as of November 30, 2023. AUA is defined as the sum of the NAV and unfunded commitments of our clients' underlying investments. AUM is defined as the sum of the NAV and unfunded commitments of our clients' underlying investments and the amounts committed to an Aksia-managed vehicle but not yet committed to an underlying investment. AUA/AUM represents assets advised and/or managed by Aksia and tracked by Aksia’s Client Operations team. AUM includes all accounts where Aksia serves as the investment manager, whether in a fully discretionary manner or where the client retains veto/approval authority.. Number of professionals and experience is as of January 31, 2024.
Founded
2006
Company size
201-500 employees
Industry
Financial Services
Org type
Privately Held
Headquarters
New York, NY
