Fund Operations Associate – Private Capital

Career Launch AI Talent Network
Location: New York, NY (Hybrid)
Type: Full-Time
Compensation: $140,000 – $185,000 total compensation (varies by employer)

This Fund Operations Associate – Private Capital description represents the type of early-career fund operations roles featured on the Career Launch AI Private Job Board.
It is not a direct job opening with a specific employer.

Members of our platform gain access to exclusive private capital roles that often sit behind the scenes of top-performing investment firms. These positions play a critical role in ensuring the accuracy, discipline, and scalability of private equity, private credit, and other alternative investment platforms. Career Launch AI provides tools and support to help candidates reach hiring managers, prepare for interviews, and pursue high-caliber finance opportunities.

More information is available at career launch.ai.

Private capital firms within the Career Launch AI network—including private equity, private credit, growth equity, and multi-strategy investment managers—may seek a detail-oriented Fund Operations Associate to support the operational infrastructure of their investment funds.

Individuals in roles like this work closely with investment teams, fund finance, investor relations, and third-party service providers to manage fund-level activity throughout the lifecycle—from fundraising through deployment, monitoring, and distributions.

The environment is typically fast-paced and process-driven, offering strong exposure to how private capital funds operate at scale.

Support day-to-day operations across private capital funds and vehicles

Assist with capital calls, distributions, and investor cash flow tracking

Maintain fund records, documentation, and internal trackers

Support preparation and review of fund-level reporting, including performance summaries and investor reports

Assist with data reconciliation across internal systems and third-party administrators

Maintain standardized reporting templates and ensure data accuracy

Track investment activity from approval through funding and exit

Coordinate investment documentation, closing checklists, and post-close records

Support valuation processes and audit-related requests

Support investor reporting workflows and information requests

Coordinate with investor relations, finance, legal, and compliance teams

Assist with onboarding new funds, vehicles, or investors

Support implementation and enhancement of fund operations systems and tools

Identify opportunities to improve workflows, controls, and documentation

Assist with creation and maintenance of process documentation and best practices

Exposure to the full lifecycle of private capital funds

Hands-on involvement in fund operations, reporting, and investor activity

Close collaboration with investment professionals and senior operations leaders

Strong foundation for careers in fund operations, finance, or private capital management

This profile reflects competencies commonly sought for fund operations roles within private capital firms.

Bachelor’s degree in Finance, Accounting, Economics, Business, or related field

Strong Excel skills and comfort working with structured financial data

Understanding of private capital fund structures and basic accounting concepts

Interest in fund operations, reporting, and investment infrastructure

Prior internships or experience in private equity, private credit, fund administration, asset management, or accounting is beneficial

Exposure to fund operations, middle office, or reporting functions is a plus

Highly detail-oriented with strong organizational skills

Process-driven with the ability to manage multiple deadlines

Clear written and verbal communication skills

Reliable, proactive, and comfortable operating in…