Fund Administration
The engine room of private markets.
Behind every fund is an administrator keeping the numbers honest. We place the fund accountants, client delivery professionals and leaders who make administrators indispensable to their GP clients.
The problems we solve
Hiring for the firms the funds rely on.
“Our administrators keep losing our best client-facing accountants to the funds themselves.”
The flow of talent between administrators and in-house fund finance teams runs in both directions, and we work both sides of it. That means we know who is genuinely available, who is movable, and what it takes to keep or attract them.
“We need people who can hold their own in front of demanding GP clients.”
Client-facing fund administration is as much about judgement and communication as debits and credits. We assess for the client presence that keeps mandates, not just the technical accounting.
“Private markets growth means our onboarding pipeline is bigger than our team.”
As private equity, credit and infrastructure managers outsource more, administrators are hiring at every level at once. We can run multiple briefs in parallel, from senior fund accountants to heads of client delivery.
Roles we cover
From fund accountant to client delivery director.
- Fund Accountants and Senior Fund Accountants
- Client Relationship and Client Delivery Managers
- Heads of Fund Accounting and Directors
- Depositary, Transfer Agency and Investor Services Roles
- Onboarding and Fund Launch Specialists
Adjacent expertise
We work both sides of the administration market.
Two-way market knowledge
We recruit for administrators and for the in-house teams of their GP clients, so we see the whole talent flow, in both directions.
Client presence, tested
Client-facing administration is judged in the room. We assess for the communication and judgement that keep mandates, not just the accounting.
London and New York
Administration follows the funds. Our presence in both hubs mirrors where private markets capital is managed.
Parallel hiring, handled
Growth phases mean many seats at once. We run multiple briefs in parallel without diluting the screen on any of them.
The practice lead
Grounded in two decades of fund finance recruitment.
Fund administration hiring sits within our finance practice, led by Darren Reuben, Partner, who has recruited qualified accounting professionals across private equity, venture capital, private debt and credit, and traditional asset management since joining Carnegie in 2012.
The same network that serves in-house fund finance teams serves the administrators who work alongside them, because in this market it is one pool of talent.
Leadership
An administrator is only ever as good as the person a GP client speaks to. That is who we find.
That conviction shapes how the practice assesses client-facing accounting talent on every brief.
DR
Darren Reuben
Partner, Private Markets Finance
20+
Years in private capital markets
80%
Mandates from repeat clients
2
Hubs: London and New York
2006
Serving fund managers since
Common questions
Fund administration hiring, answered.
Does Carnegie recruit for fund administrators as well as fund managers?
Yes. We recruit for fund administrators serving private equity, private credit, infrastructure and asset management clients, alongside our in-house fund finance work for the managers themselves. Working both sides of that market is precisely what makes us useful to each.
What fund administration roles do you cover?
Fund accountants through to heads of fund accounting and client delivery directors, plus depositary, transfer agency, investor services, onboarding and fund launch roles, in the UK and internationally.
Why do administrators use a private markets specialist rather than a generalist?
Because their clients are private markets firms. An administrator’s best hires understand fund structures, waterfalls and reporting demands the way their GP clients do, and those candidates sit in the network we have built across private markets since 2006.
Hiring for an in-house fund finance team instead?
Begin a conversation
Growing a fund administration business?
Tell us which clients and structures you serve. We will tell you where the talent sits and how to reach it.
- Established 2006
- London · New York · Luxembourg
- Discreet & confidential