Fund Controller, Private Credit / Direct Lending

Job title : Fund Controller, Private Credit / Direct Lending
Location : London
Contact : Curtis Millington
Call : Curtis
Email : email Curtis
Reference : 1387601


Altus Partners has partnered with a growing Private Credit Investment Manager that is looking to bring on a Fund Controller to join the team. The business is going through a rapid growth phase and has grown its AUM to more than 5Bn and is looking to grow to 10Bn over the next 24 months. The role will be working with C-Suite and Heads of both Portfolio Management and Fund Finance to have oversight of the portfolio valuations and fund finance practices. The role will work with and support the deals teams through the quarterly valuation process whilst owning the oversight of the finance function.



The role is responsible for owning the portfolio valuations and oversight of the fund finance practice. The role will be supporting senior management across investment operations, deal teams, and fund finance to ensure the smooth running of the quarterly valuation cycle and the running of the fund finance practice. The role will act a mentor to the junior accountants in the team and be the main point of contact for internal and external stakeholders for the portfolio valuations and fund finance including oversight of fund reporting, audit, administrators, NAVs and internal reporting.


  • Review and approval of monthly/quarterly NAVs and investor reporting requirements for Private Credit funds completed by the third-party Fund Administrators and oversight of their service functions.

  • Reviewing and instructing release of investor Drawdown/Distribution notices

  • Reconciliation of intra month P&L and performance metrics for internal reporting.

  • Manage third party service providers such as Fund Administrators

  • Liaise closely with internal and external operations team to ensure accurate portfolio data is recorded internally & externally.

  • To take responsibility and ensure adherence to the Funds FX hedging Policy.

  • Annual financial reporting: liaising with the fund auditors to manage an efficient year end reporting process.

  • Assist in preparation of underlying assets valuations and liaise with Valuation Committee members on a quarterly cycle.

  • Assist in on-boarding of new fund or managed accounts as they arise.

  • Assist Investor reporting with timely query resolution.

  • Assist in preparation of materials for quarterly Advisory Board & Risk Committee meetings.

  • Maintain financial processes in line with best practice, add value where possible and work closely with Risk, Legal and Compliance teams to determine and implement procedures in response to new regulations.

  • Enhance current control processes, including the use of systems to automate and streamline procedures, and maintain procedures documentation accordingly



  • Qualified Accountant (ACA / ACCA / CIMA / or equivalent)

  • 2 – 5 years PQ experience in a Private Markets fund finance

  • Understanding of Private Markets fund structures

  • Understanding of Private Markets valuations

  • Private credit experience is preferred but not essential

  • Excellent communication skills, both written and verbal with the ability to develop relationships

  • A team player who can manage different workstreams during busy periods

  • Strong experience in Excel, Power BI etc.