Frederick Fox

Vice President, Finance & Capital Markets

Position Overview

The Vice President, Finance & Capital Markets is responsible for
overseeing liquidity management, cash flow forecasting, financing
strategy, and capital markets activities across private equity
and private credit investment portfolios. This role plays a
critical part in ensuring the organization maintains appropriate
liquidity, optimizes financing structures, manages leverage and
financial risk, and supports investment deployment across
evergreen, closed-end, and customized investment vehicles.

Working closely with Investment, Accounting, Middle Office,
Operations, Risk, and Tax teams, the Vice President will develop
forward-looking financial models, manage lender relationships,
structure financing facilities, oversee foreign exchange (FX)
hedging activities, and strengthen financial controls and
reporting processes.

The ideal candidate combines hands-on private markets finance and
treasury experience with strong analytical and modeling
capabilities, commercial judgment, and an entrepreneurial
mindset. This individual will be both a strategic partner and an
active contributor to day-to-day financing and liquidity
operations, with responsibility for building scalable processes
and developing junior team members.

Key Responsibilities

Liquidity & Treasury Management

* Oversee liquidity, cash management, and financing activities
across private equity and private credit portfolios, including
evergreen funds, closed-end funds, and customized investment
structures.
* Develop and maintain a comprehensive view of current and
projected cash positions, capital requirements, investment
commitments, financing obligations, and anticipated
distributions.
* Monitor liquidity needs across funds and portfolios to ensure
sufficient cash availability for investment deployment, operating
expenses, debt service, and other obligations.
* Establish and maintain liquidity monitoring frameworks, cash
management procedures, and escalation protocols.
* Evaluate funding alternatives and recommend appropriate
financing strategies based on investment activity, portfolio
performance, market conditions, and liquidity requirements.
* Monitor cash balances, leverage levels, credit facility
availability, borrowing capacity, and other key financial risk
indicators.
* Identify potential liquidity constraints and develop
contingency plans to address changing market conditions or
unexpected cash flow requirements.
* Support treasury operations across multiple investment vehicles
while ensuring compliance with applicable fund documentation,
financing agreements, and internal policies.
Financial Modeling & Cash Flow Forecasting

* Build and maintain forward-looking financial models covering
investment deployment, capital inflows and outflows, financing
needs, liquidity projections, and portfolio cash flows.
* Develop integrated forecasting models that incorporate capital
calls, investor subscriptions and redemptions, distributions,
borrowing activity, repayments, and expected investment
realizations.
* Forecast liquidity requirements across different investment
structures, fund vintages, and portfolio scenarios.
* Conduct scenario analysis and stress testing to assess the
impact of changes in investment pacing, fundraising, redemptions,
portfolio performance, and financing availability.
* Evaluate the financial implications of alternative capital
deployment and financing strategies.
* Prepare liquidity forecasts and financing analyses for senior
leadership and investment teams.
* Improve model accuracy, transparency, and scalability through
standardized assumptions, automated calculations, and documented
methodologies.
* Translate complex modeling outputs into clear recommendations
that support investment decisions and capital allocation.
Capital Markets & Financing Strategy

* Lead financing activities across private equity and private
credit portfolios, including sourcing, evaluating, structuring,
negotiating, and maintaining financing arrangements.
* Manage relationships with banks, private lenders, financing
counterparties, and other capital providers.
* Structure and negotiate subscription credit facilities, net
asset value (NAV) facilities, asset-backed financing
arrangements, and other portfolio financing solutions.
* Evaluate financing terms, borrowing bases, covenants,
collateral requirements, pricing, maturity profiles, and other
contractual provisions.
* Analyze the costs and benefits of alternative financing
structures to optimize liquidity, capital efficiency, and overall
portfolio economics.
* Coordinate financing transactions from initial evaluation
through due diligence, documentation, closing, and ongoing
administration.
* Monitor facility utilization, borrowing availability, covenant
compliance, repayment requirements, and refinancing needs.
* Partner with legal, tax, investment, and risk teams to assess
transaction structures and ensure financing arrangements align
with fund objectives and governing documents.
* Identify opportunities to improve financing flexibility,
diversify funding sources, and strengthen lender relationships as
the platform grows.
Portfolio Financing & Leverage Management

* Monitor leverage and financing exposure across funds,
investment vehicles, and underlying portfolios.
* Evaluate borrowing capacity, collateral availability, advance
rates, and facility headroom under different market and portfolio
conditions.
* Assess the implications of financing decisions on fund
liquidity, investment returns, risk exposure, and capital
efficiency.
* Track compliance with facility covenants, borrowing
restrictions, reporting requirements, and other contractual
obligations.
* Coordinate with Investment and Risk teams to evaluate portfolio
developments that may affect financing availability or collateral
values.
* Develop reporting that provides clear visibility into
outstanding borrowings, unused commitments, financing costs,
maturity schedules, and potential liquidity risks.
* Recommend appropriate actions when financing arrangements
approach limits or when changes in market conditions affect
borrowing capacity.
Foreign Exchange & Financial Risk Management

* Oversee foreign exchange exposure monitoring and hedging
activities associated with investments, financing arrangements,
and fund cash flows.
* Partner with Investment, Accounting, Middle Office, Operations,
Risk, and Tax teams to identify material currency exposures and
evaluate hedging requirements.
* Coordinate the execution, monitoring, and reporting of FX
hedging transactions in accordance with established policies and
applicable documentation.
* Monitor hedge positions, settlement requirements, counterparty
exposure, and the financial impact of currency movements.
* Support the development and maintenance of controls governing
treasury transactions, hedging activities, and financial risk
management.
* Evaluate opportunities to improve visibility into currency
exposures and strengthen coordination between investment activity
and treasury operations.
Cross-Functional Partnership & Stakeholder Management

* Work closely with Investment teams to align financing and
liquidity strategies with investment pacing, portfolio needs, and
capital deployment objectives.
* Partner with Accounting and Middle Office teams to reconcile
cash positions, validate financial data, and maintain accurate
financing and liquidity records.
* Collaborate with Operations to improve transaction workflows,
cash movement processes, and operational controls.
* Coordinate with Risk and Tax teams to evaluate financing
structures, hedging arrangements, and related financial
considerations.
* Provide senior leadership with timely updates on liquidity,
financing activity, leverage, risk exposure, and capital markets
developments.
* Communicate complex financial and financing concepts clearly to
technical and nontechnical stakeholders.
* Build effective working relationships across departments to
ensure financing decisions are coordinated, documented, and
executed efficiently.
Process Improvement, Controls & Reporting

* Develop and enhance policies, procedures, controls, and
reporting frameworks supporting treasury, liquidity, and
financing activities.
* Standardize processes across funds and investment vehicles to
improve consistency, accuracy, and operational scalability.
* Establish reporting dashboards and management reports covering
cash balances, liquidity forecasts, facility utilization,
leverage, financing costs, and risk metrics.
* Identify opportunities to automate repetitive processes,
improve data quality, and streamline reporting workflows.
* Strengthen controls surrounding cash movements, financing
transactions, facility administration, and financial reporting.
* Ensure relevant records, approvals, reconciliations, and
supporting documentation are maintained accurately and in
accordance with internal requirements.
* Evaluate technology solutions and data tools that improve
modeling, reporting, forecasting, and financing operations.
* Support the development of scalable finance and capital markets
infrastructure as the investment platform expands.
Leadership & Team Development

* Provide guidance, mentorship, and development opportunities to
junior finance, treasury, and capital markets professionals.
* Establish clear expectations, priorities, and accountability
across assigned responsibilities.
* Review financial models, liquidity analyses, financing
recommendations, and reporting prepared by team members.
* Promote technical development, sound financial judgment,
collaboration, and continuous improvement.
* Support hiring, onboarding, training, and performance
development as the function grows.
* Foster a proactive, entrepreneurial, and solutions-oriented
team culture.
Qualifications

Required Qualifications

* Typically 7+ years of relevant investment management or
financial services experience, with approximately 8–9 years
representing a strong target profile.
* At least 3 years of direct experience with private markets
processes, including private equity, private credit, fund
finance, treasury, liquidity management, portfolio financing, or
related middle-office activities.
* Demonstrated hands-on experience with financing facilities,
including subscription lines of credit, NAV facilities, credit
facilities, asset-backed financing, or other leverage structures.
* Strong understanding of private fund cash flows, capital
deployment, liquidity requirements, financing obligations, and
portfolio-level financial management.
* Advanced financial modeling and cash flow forecasting skills,
including the ability to build forward-looking liquidity models
and conduct scenario analysis.
* Experience monitoring cash positions, leverage, facility
utilization, borrowing capacity, and financial risk metrics.
* Ability to manage relationships and coordinate financing
activities with lenders, counterparties, and internal
stakeholders.
* Strong analytical, problem-solving, and financial
decision-making capabilities.
* Excellent written and verbal communication skills, including
the ability to present complex financial analyses and
recommendations to senior leadership.
* Demonstrated ability to manage multiple priorities, work
independently, and respond effectively to changing business
needs.
* Proven ability to mentor junior professionals and contribute to
team development.
* A proactive, entrepreneurial, and collaborative approach to
building processes and improving operational effectiveness.
Preferred Qualifications

* Experience with evergreen investment funds, including
subscription and redemption activity, recurring liquidity
forecasting, and ongoing capital deployment.
* Direct private credit experience or experience in middle-office
treasury, fund finance, portfolio financing, or investment
operations.
* Experience with trade execution, transaction settlement, and
the related cash management and financing processes.
* Experience structuring and negotiating subscription facilities,
NAV facilities, and asset-backed financing arrangements.
* Background in structured finance, secured lending, collateral
analysis, or credit underwriting.
* Advanced degree in Finance, Accounting, Economics, Business, or
a related field.
* Programming or data analysis skills using Python, R, SQL, or
other database and analytics tools.
* Experience automating financial models, data workflows,
liquidity reporting, or treasury processes.
* Experience working across multiple fund structures, investment
strategies, and financing arrangements.

VP, Finance & Capital Markets

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