Fund Operations Associate – Private Capital

Career Launch AI; New York (NY); Hybrid; USD 140,000 - 185,000; Full time

Job summary

A leading talent network in New York is seeking a Fund Operations Associate to support operational infrastructure within private capital firms. The role involves managing fund-level activities, from capital calls to data reconciliation and investor reporting. The ideal candidate has a Bachelor’s degree in a relevant field and strong Excel skills, along with a detail-oriented mindset. This position offers a hybrid work environment with exposure to the private equity sector and opportunities for career growth.

Qualifications

• Understanding of private capital fund structures and basic accounting concepts.
• Prior internships in private equity or accounting is beneficial.
• Interest in fund operations and investment infrastructure.

Responsibilities

• Support day-to-day operations across private capital funds.
• Assist with capital calls and investor cash flow tracking.
• Coordinate with investor relations and compliance teams.

Skills

Strong Excel skills

Detail-oriented

Organizational skills

Clear communication skills

Education

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

Job description

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)

About This Role

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 careerlaunch.ai.

About the Opportunity

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.

Day-to-Day Responsibilities

Fund Operations & Administration

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

Reporting & Data Management

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

Investment & Transaction Support

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

Investor & Stakeholder Coordination

Support investor reporting workflows and information requests

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

Assist with onboarding new funds, vehicles, or investors

Process Improvement & Systems Support

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

What Makes This Work Engaging

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

Ideal Candidate Profile

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

Education & Technical Skills

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

Experience (Formal or Informal)

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

Soft Skills & Mindset

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 execution-focused environments

Coachable, curious, and motivated to build long-term expertise in private capital

How Career Launch AI Helps Candidates Access Roles Like This

Career Launch AI is a career acceleration platform supporting candidates pursuing competitive private capital and fund operations roles.

AI-Powered Job Search Automation

Automated applications to a large volume of relevant roles with tailored resumes

Targeted search across private equity, private credit, real assets, and alternative investments

Human-led outreach to recruiters and decision-makers

Support initiating conversations beyond traditional job portals

Execution & Tracking Support

Streamlined systems to manage applications and outreach

End-to-end administrative support throughout the search process

Interview & Role Preparation

Assistance with fund operations and private capital interviews

Support with behavioral, technical, and workflow-based interview readiness

Ongoing guidance throughout the hiring process

Learn More or Apply

To access roles of this kind through the Career Launch AI platform, visit:
careerlaunch.ai

Career Launch AI offers access to a curated job board, personalized outreach support, automated application tools, interview preparation, and continued assistance until placement.

Career Launch AI — Powered by Initio Capital
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