Private Equity Director

At Hedge Serv, we’re redefining what’s possible in fund administration. With more than $700 billion in assets under administration, we partner with the world’s most forward-thinking investment managers – across private equity, private credit, endowments, hedge funds and more – to deliver seamless, tech-enabled solutions that drive performance.

Our proprietary platform, enhanced by machine learning and robotic process automation, gives clients real-time insights and unmatched control over their operations. Alongside our technology, we offer award-winning service through our team-based approach -- led by a deeply experienced team of industry experts. Our solutions span the full investment lifecycle, including fund accounting, middle office, risk, compliance, tax, and investor services.

We’re a future-focused company, empowering our people through a robust career development framework, clear career trajectories with structured learning paths, training, and progression plans. We invest in leadership development and in our collaborative culture, creating space for talent to grow. Our corporate values – Relationships, Support, Innovation, and Expertise – create a sense of shared purpose and belonging, and we recognize our employees sit at the core of our success.

We continue to innovate and evolve through our employees, working together to achieve our shared vision and mission.

Hedge Serv supports employees through a variety of offerings, including remote and hybrid working arrangements, and fully paid comprehensive health and well-being benefits. We’ve been recognized as an employer of choice, earning a top 100 workplaces designation.

Founded in 2008, Hedge Serv has grown into a global organization with over 2,000 experts across the globe, with offices in the United States, Grand Cayman, Ireland, Poland, Bulgaria, Luxembourg, the Philippines, and Australia. We’ve earned numerous accolades, including Top Overall Administrator, along with #1 rankings for providing alternative asset services in Accounting, Technology, Client Service, Investor Services, Alternative Fund Expertise, Reporting, and Regulatory Expertise.

This role will be hybrid in either our Dallas, TX or Raleigh, NC office. Visa sponsorship will not be offered at this time.

Due to its innovative technology and service offering Hedge Serv’s closed end funds team is expanding. The team currently services a mix of private equity, real estate and hybrid structures. The team works with its clients on collaborating new technology solutions as well as client service models to support unique structures and operating models to meet an evolving and growing area within the asset management industry.

We have an open and collaborative approach and look for everyone’s input when solving problems. This framework encourages professional development by empowering you to learn continuously and focus on more complex work as your experience progresses. Working in the PE department gives you exposure to new developments and forward-thinking approaches within our industry.

A Private Equity Director will be required to manage the closed end fund accounting process within the guidelines and procedures provided by Hedge Serv and under the supervision and guidance of a Private Equity Managing Director. They will manage the timely and accurate delivery of NAV calculations. They will assist in the development of client relationships and will require a detailed understanding of the service requirements for closed end fund administration.

The below list is not finite and may be added to. The combination of tasks required to be executed will vary depending on both client structure, client requirements and business needs.

Responsible for the day-to-day management of the Private Equity team including:

• Capital Call and Distribution Processing
• Preparation of net asset value calculations and financial statements
• Fee calculations and profit and loss allocations
• Waterfall creation and maintenance
• Performance reporting including IRRs
• Ad hoc client and investor reporting
• Managing client relationships involving interaction with both…