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Full-Time

Engagement Manager

Confirmed live in the last 24 hours

Standish Management

Standish Management

501-1,000 employees

Private equity fund administration services

Venture Capital
Financial Services

Mid

Boston, MA, USA

Category
Private Equity
Venture Capital
Finance & Banking
Required Skills
Communications
Quickbooks
Requirements
  • Bachelor's Degree required (Finance/Accounting/Economics concentration preferred)
  • 2+ years of public accounting experience or equivalent
  • 2+ years of VC/PE fund experience or fund administrator – OR – minimum 1 year as manager at a public accounting firm
  • Previous Private Equity/VC experience and knowledge of Partnership Accounting, preferred
  • CPA preferred
  • Proficiency in Microsoft Office applications, particularly Excel, Word & Outlook
  • Familiarity with QuickBooks preferred
Responsibilities
  • Maintain frequent client contact to keep abreast of ongoing fund activities
  • Manage client expectations
  • Manage engagement keeping in mind client needs, staff utilization and overall engagement efficiency
  • Supervise the audit and tax preparation process
  • Review all communications to the client and its investors on an ongoing basis
  • Assist with sourcing new clients, issuing proposals and overall business development
  • Mentor and train junior staff members

Standish Management provides fund administration and corporate services specifically designed for private equity firms. Their services cover all aspects of fund administration, which includes cash monitoring, asset ownership verification, and record-keeping. Standish operates by integrating closely with clients' finance teams, offering a personalized, high-touch service that caters to both established and emerging private equity managers. This approach allows them to manage funds of any size or maturity effectively. Unlike many competitors, Standish focuses solely on the private equity market, ensuring that they deliver specialized expertise and top-quality service to enhance back-office operations for their clients. The goal of Standish Management is to support general partners in the efficient administration of their funds, ultimately helping them to succeed in their financial endeavors.

Company Stage

N/A

Total Funding

$972.7K

Headquarters

San Francisco, California

Founded

2007

Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition by THL could provide Standish Management with additional resources and strategic direction to expand its market presence.
  • Employees may benefit from enhanced career development opportunities and financial incentives as part of a larger, well-capitalized entity.

What critics are saying

  • Integration challenges post-acquisition could lead to operational disruptions and cultural clashes.
  • The high debt involved in the acquisition could impose financial constraints, potentially affecting job security and investment in innovation.

What makes Standish Management unique

  • Standish Management's acquisition by THL at a valuation of $1.6bn underscores its significant market position and potential for growth.
  • The company's focus on fund administration sets it apart from broader financial service providers, offering specialized expertise.

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