FundOpsHQ Insights

When a private equity fund admits new investors at a subsequent close, finance teams face one of the more calculation-intensive moments in fund accounting.

Direct lending arrangements generate multiple fee streams beyond interest income. Commitment fees, origination fees, and closing fees each follow specific recognition rules that determine when income ...

When a direct lender funds a loan at less than its face value, say advancing $97M on a $100M commitment, the $3M difference represents original issue discount, or OID.

When a borrower defers cash interest payments by adding accrued interest to the loan principal, the arrangement is known as payment-in-kind, or PIK, interest.

Investment funds store precisely what cybercriminals want most: wire instructions, bank account numbers, tax identification numbers, and detailed investor data.

The SEC has fined advisers for missing the 120-day deadline to distribute audited financial statements, even when the underlying audit was clean.

When a fund manager engages a placement agent, the deal team focuses on refining the investment thesis and meeting prospective LPs.

Infrastructure funds present a distinct monitoring challenge: the assets themselves, toll roads, power plants, airports, data centers, generate operational data that directly affects valuation and inv...

When quarterly reports go out, few metrics generate more LP scrutiny than IRR. The challenge for real estate fund operations teams lies not just in calculating the number accurately, but in presenting...

When a real estate fund prepares to sell a property, the tax implications at the LP level often complicate what might otherwise be a straightforward disposition.

Single Deal Capital Calls vs. Aggregated Quarterly Calls: Which Approach Works for Your VC Fund

Building Internal Controls for a First-Time PE Fund: SOC 1 Readiness Without Enterprise Resources

The Mechanics of Carried Interest Clawback Calculations: Tracking GP Give-Back Obligations Across a 10-Year Fund Life

Tracking Pro Rata Rights and Anti-Dilution Provisions Across a 40-Company VC Portfolio

Valuing Early-Stage Startups in a VC Portfolio: When There's No Revenue, No Comps, and the Last Round Was 18 Months Ago

Recycling Provisions in PE Funds: How to Track and Calculate Reinvestable Proceeds Without Overcalling Capital

Carried Interest 101: How Fund Managers Turn Performance Fees into Capital Gains

Real Estate Funds Quarter Close: How PERE Funds Wrap Up the Quarter

(Secondaries Series, 5 of 5) Operationalizing Secondaries: Best Practices for GP-Led and LP-Led Transactions

(Secondaries Series, 4 of 5) Cash Flow Profiles in Secondary Funds: Timing, J-Curves, and Distributions