About the role

Job Description

Compliances, operations, IR of AIF 3 and offshore fund. AUM upwards of USD 400 million largely from offshore institutional investors. Experience of 4-10 years.

Job Description/Location

Experience of 4-10 years – age less than 35 years. We are looking to hire people who could perform at least 2-3 of the functions below. Location could be Gurgaon or Mumbai.

Key Responsibilities

Compliances: Compliance/audit of AIF 3 and investment advisory.
Operations/NAV: Shadow accounting, reconciliation and approvals of NAVs of AIF 3 and for the offshore Fund.
Accounting: Clearing Invoices of AIF 3, coordinating with service providers for smooth running of AIF 3, coordinating for audit of AIF 3 and for the offshore fund.
IR: Updating and providing performance updates, presentations, attributions, holdings and other data to investors of AIF 3 and addressing their queries. At times providing the same for offshore fund catering to institutional investors.
Subscriptions/redemptions and queries: Coordination with administrators with AIF 3 for subscriptions/redemptions and at times for the offshore fund.
Global: Knowledge of side letters/agreements and some compliances related to US, ADV’s, experience of ODDs of investors.
Structuring/taxes: Structuring of new funds/structures in India or overseas, gift city, knowledge/experience of transfer pricing/ POEM/handling tax litigation.
Trading: Placing trade orders. Allocating trade across other Funds pari-passu.

Relevant Experience

4 to 10 years. Age less than 35 years at the time of applying. Should be sharp with good analytical and communication skills, fluency in English. Should be self-driven, process and long-term oriented with an eye for detail.

Firm/Group Profile

Offshore Fund: Bowhead India Fund is a long-only offshore fund investing in a concentrated portfolio of 15-20 companies with medium-term to long-term view (2 years to 5 years). The Fund is domiciled in Mauritius and manages money largely for offshore institutional investors such as global Endowments/Foundations/FoF based out of US/Europe/Hong Kong/Singapore. The Fund was started in Dec 2019. Firm AUM is upwards of USD 400 Million.

Onshore business: The group has recently set up an AIF 3. It also provides equity investment advisory services to a couple of large family offices; these will be transferred to AIF 3 in coming quarters.

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