Full-Time

Operations Associate

Deployment

Updated on 9/9/2026

Hanover Park

Hanover Park

1-10 employees

AI-native fund operating system for managers

No salary listed

New York, NY, USA

In Person

On-site five days per week.

Category
Solution Engineering (1)
Required Skills
Data Analysis

Get referred to Hanover Park

See people who can refer or advise you

Requirements
  • Exceptional organizational and project management skills, including the ability to track many moving pieces simultaneously without dropping the ball.
  • Strong written and verbal communication skills for representing Hanover Park directly with institutional clients, fund chief financial officers, and chief operating officers.
  • A bias toward action and the ability to solve problems without waiting for permission or a perfect playbook.
  • One to seven years of experience in fund accounting, fund administration, or investment operations, ideally supporting private equity, venture capital, private credit, or other alternative investment vehicles.
  • Deep understanding of fund structures, capital calls and distributions, net asset value calculations, and financial reporting across periods.
Responsibilities
  • Own client migration and implementation end-to-end, from signed contract through successful launch.
  • Build and continuously improve core operational processes and playbooks.
  • Collaborate with fund accountants and engineers to ensure operational precision and exceptional service delivery.
  • Execute detailed quality control and reconciliation across historical customer financial reporting periods.
  • Troubleshoot issues, identify patterns, and provide data-driven recommendations for operational improvements.
  • Proactively surface process improvements and work with engineering to build them into the product.
Desired Qualifications
  • Prior experience in private equity or venture capital operations or fund administration.
  • Certified Public Accountant certification, although it is not required; strong practical fund accounting experience is also valued.
  • Exposure to client onboarding or data migration workflows.

Hanover Park offers an AI-native operating system for fund managers that unifies fund administration, portfolio management, and the LP experience in one platform. It replaces siloed tools like QuickBooks and Excel with real-time fund metrics, automated financial reporting, capital call and distribution management, KPI tracking, and waterfall modeling. An AI assistant lets users query portfolio data such as co-investor details and founder updates. Its goal is to help institutional-grade firms like VC, PE, private credit, family offices, and funds of funds operate more efficiently and make better decisions.

Company Size

1-10

Company Stage

Series A

Total Funding

$27M

Headquarters

New York City, New York

Founded

N/A

Get referred to Hanover Park

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Raised $27 million on March 18, 2026 from Emergence, Lux Capital, and Susa Ventures.
  • Claims assets under administration grew from $1 billion to $15 billion in under 12 months.
  • Public materials updated in August 2026 show automated document extraction and real-time capital calls.

What critics are saying

  • Carta launched Fund of Funds on March 24, 2026, directly attacking Hanover Park's niche.
  • Allvue and RSM unveiled agentic AI capital operations on May 11, 2026, intensifying enterprise competition.
  • If AI errors hit capital calls or waterfalls, a single audit failure can destroy trust fast.

What makes Hanover Park unique

  • Vertical integration spans fund admin, portfolio management, and LP portals in one stack.
  • Built a general ledger and waterfall engine from scratch, not patched legacy software.
  • AI-native workflows automate journal entries and cash reconciliation with human CPAs verifying outputs.

Help us improve and share your feedback! Did you find this helpful?

Company News

WFMZ-TV
Mar 19th, 2026
Hanover Park Raises $27M Series A to Replace the Financial Infrastructure Behind $100 Trillion in Global Assets

The AI-native fund administrator grew from $1B to $15B in assets under administration in under 12 months

GlobeNewswire
Mar 18th, 2026
Hanover Park raises $27M Series A to replace the financial infrastructure behind $100 trillion in global assets.

Hanover Park raises $27M Series A to replace the financial infrastructure behind $100 trillion in global assets. The AI-native fund administrator grew from $1B to $15B in assets under administration in under 12 months. March 18, 2026 16:37 ET | Source: Hanover Park NEW YORK, March 18, 2026 (GLOBE NEWSWIRE) - Hanover Park, the AI-native fund administrator for private equity and venture capital, today announced a $27 million Series A led by Emergence Capital (the first institutional investor in Salesforce and Zoom), with participation from Lux Capital and Susa Ventures. Fund administration powers over $100 trillion in global assets, yet the industry still runs on spreadsheets and human duct tape. Data is scattered and stale. Books take weeks to close. Basic questions about your own fund take days to answer. Hanover Park is the first AI-native company attacking this market, combining software and services into one platform rather than selling another SaaS tool that doesn't solve the whole problem. The company built its general ledger, waterfall engine, investor portal, and portfolio management layer from scratch: one source of truth for every fund. AI agents read emails, propose journal entries, and extract portfolio updates in seconds. Expert fund accountants review every output. AI prepares. Humans verify. "Every fund CFO keeps getting asked: how will you adopt AI?" said Chris Hladczuk, CEO and co-founder of Hanover Park. "Now they have an answer. We built the entire operating system and wrapped it in AI that works, with CPAs checking every output, allowing you to run your firm in real time." In the past year, Hanover Park has grown from $1 billion to $15 billion in assets under administration, serving a growing roster of PE and VC firms that demand institutional-grade accuracy at modern speed. "Most companies are still trying to bolt AI onto legacy workflows. Hanover Park represents a different model entirely: an AI-native service that owns the result end-to-end," said Jake Saper, General Partner at Emergence Capital. "This shift from selling tools to delivering outcomes will define the next generation of category leaders." With the new capital, Hanover Park will expand its platform, grow its team, and bring AI-native fund administration to more of the world's leading PE and VC firms. About Hanover Park Hanover Park is the AI-native fund administrator for private equity and venture capital. Its vertically integrated platform combines fund administration, portfolio management, and an LP portal into a single system that delivers institutional-grade accuracy, speed, and decision advantage. Headquartered in New York, Hanover Park administers $15 billion in assets for leading investment firms. Learn more at hanoverpark.com.

Traders Union
Mar 18th, 2026
Hanover Park raises $27M Series A for AI-native services and financial technology innovation

Turner Novak has revealed details of Hanover Park's $27 million Series A funding round in a podcast episode featuring Chris Hlad. The discussion covers the company's AI-native services business model and customer engagement strategies. Hanover Park built a general ledger from scratch, enabling it to develop advanced AI products for investment firms. The episode explores innovation in AI services and financial technology, highlighting how the company's approach aligns with broader venture capital trends in artificial intelligence. The funding reflects continued investor interest in AI-driven enterprises, particularly those offering specialised solutions for financial services sectors.