Manager, Private Market Funds

Fengate is seeking a highly skilled and experienced Manager to support the management of the Fengate Private Markets Fund (the Fund), an investment product launched at the end of 2024. The Fund represents a new strategic initiative, investing across Fengate’s active portfolios in Infrastructure, Real Estate, and Private Equity. This is an exceptional opportunity for an individual looking to deepen their expertise across diverse asset classes and contribute meaningfully to the company’s growth.

In this role, the Manager will play a critical part in overseeing fund performance, monitoring portfolio allocation, managing financial reporting, and ensuring smooth fund operations. This role will interact closely with the senior leadership team, portfolio managers, fund operations, investor relations, tax teams, the fund administrator, and external investors. With its broad cross-sector engagement, this role may offer the successful candidate the opportunity to rotate into various positions across the organization, fostering long-term career growth and development.

The ideal candidate is a self-starter who thrives in a fast-paced environment, demonstrates a strong commitment to deadlines and team collaboration, is detail- and process-oriented, and brings a superior foundation in finance and accounting.

KEY RESPONSIBILITIES

• Manage the operations of the Fund, including capital activities (capital calls and distributions), investor and investment closings, fund flows, investor onboarding, and redemptions.
• Manage liquidity requirements to ensure the Fund meets operational and financial needs.
• Oversee the performance of portfolio allocations by tracking key financial metrics and conducting periodic review with the fund managers.
• Perform financial analysis, including portfolio allocation and scenario analysis by utilizing the fund model.
• Ensure compliance with regulatory requirements and governing fund documents.
• Coordinate with business units such as Infrastructure, Real Estate and Private Equity to ensure seamless fund operations.
• Serve as the primary point of contact for the Investor Relations team to assist with investor inquiries and fundraising initiatives.
• Review quarterly investor financial statements and investor reports.
• Identify and mitigate operational risks by implementing best practices in fund management and ensuring proper internal controls are in place.
• Liaise with the tax team and advisors to manage tax filings and compliance with the U.S. and Canadian tax authorities.
• Oversee the fund’s external administrator to ensure accuracy and completeness of accounting records and financial reports.
• Conduct ad-hoc financial analysis to support the Private Markets Fund team and broader Fengate team, including asset management, legal, investments, etc.
• Provide mentorship and guidance to team members to ensure their growth and professional development.

• CPA designated with 5-7 years of experience.
• Preference given to candidates with private fund and/or asset management experience.  
• Undergraduate degree in accounting, finance, or other relevant technical discipline.
• Strong attention to detail.
• Self-motivated and proactive, with the ability to manage workload and drive professional development.
• Excellent analytical, and problem-solving skills.
• Commitment to high-quality standards with a continuous drive to explore new approaches, insights, and presentation methods.
• Proficiency in Microsoft Excel and PowerPoint; financial modelling experience or training would be an asset.
• Proven ability to manage multiple tasks with strict deadlines while working collaboratively within a team.
• Excellent interpersonal and communication skills, with the ability to build and maintain effective relationships with both internal and external stakeholders.

CORE COMPETENCIES

• Being Authentic –Inspiring trust and being courageous.
• Focusing on Performance –Being accountable and driving results.
• Understanding Stakeholders – Knowing the needs of those who rely on you.
• Building Effective Relationships – Collaboration and communication.

Fengate is an equal opportunity employer, we strive to attract and retain a diverse workforce and are committed to promoting diversity, equity, inclusion, and belonging in the workplace. It is a core priority at Fengate to create, operate with, and continuously grow and sustain an inclusive culture that respects and connects the diversity of our team, our clients, our partners, and the communities we work in. 

We are committed to providing accommodation for persons with disabilities. If you require accommodation, we will work with you to meet your needs.

We thank all applicants for their interest in this position; however, only candidates selected for an interview will be contacted.