Fund Staff Accountant
Apply by March 8, 2025
Location: This is an in-person role at Closed Loop Partners’ office in midtown Manhattan.
Salary Range: $80,000-$90,000 salary + discretionary bonus (compensation commensurate with experience)
Target Start: March 15, 2025
Closed Loop Capital Management
Closed Loop Partners is dedicated to building the circular economy. The firm is comprised of three key businesses that create a platform for systems change: an innovation center, the Center for the Circular Economy, an investment group, Closed Loop Capital Management, and an operating group, Closed Loop Builders. Closed Loop Capital Management manages venture capital, mid-market buyout private equity and catalytic private credit investment strategies on behalf of global corporations, financial institutions and family offices. To date, Closed Loop Capital Management has over $550 million of assets under management. Our team has made over 85 investments ranging from emerging innovations to established businesses. Focused on developed markets, Closed Loop Capital Management is designed to identify and accelerate circular solutions at different points within their growth, transitioning the economic system toward the efficiencies of circularity.
Closed Loop Partners is based in New York City and is a registered B Corp. www.closedlooppartners.com.
Role
We are seeking an experienced, full-time Fund Staff Accountant for our dynamic, fast-growing organization. The Fund Staff Accountant will have primary day-to-day responsibility for the efficient and accurate execution of all general accounting functions and supporting the fund finance team.
The role will report to the Director of Fund Finance, working closely with the firm’s corporate finance, investor relations, and investment teams.
Responsibilities
- Maintain books and records for over 10 funds on a quarterly basis. Assist third-party administrator with management company books kept monthly
- Liaise with the firm’s third-party fund administrator, auditor, and tax advisor
- Assist with quarter-end financials process, maintaining schedules in support of quarter-end close, and reviewing financials and capital account statements
- Review weekly bank account reconciliations, set up wire payments, monitor bank accounts and treasury processes
- Aid the year-end audit process, work with third-party audit firm, edit financial statement footnotes and performance metrics
- Participate in yearly tax return process, review returns, verify accuracy of K-1 information
- Analyze inter-company transactions to confirm accuracy between funds and management company books
- Support the investor relations team to respond to investor questions and requests
- Analysis of fund performance, including financial modeling and FP&A
Qualifications
- Minimum of 1-2 years of post-college experience within accounting, private equity, consulting, or related industries
- Bachelor’s degree in accounting, finance, or related field
- Clear understating of GAAP, bookkeeping, and the quarterly financial process for private equity funds
- Strong financial modeling, accounting, and corporate finance skills
- Excellent organizational skills, attention to detail, and thoroughness
- A team player who enjoys collaboration and demonstrates entrepreneurial mindset in a fast-paced environment
- Ability to work independently and as part of a team to take on new tasks with high levels of difficulty
- Genuine, personal interest in sustainability and the natural environment
Closed Loop Partners is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality or sex.
You must have US Work Authorization to be considered for any open Closed Loop Capital Management position.
Apply Here
Private Equity Associate
Apply by March 14, 2025
Location: This is an in-person role at Closed Loop Partners’ office in midtown Manhattan.
Salary Range: $115,000-$135,000 salary + discretionary bonus (compensation commensurate with experience)
Target Start: April 1, 2025
Closed Loop Capital Management
Closed Loop Partners is dedicated to building the circular economy. The firm is comprised of three key businesses that create a platform for systems change: an innovation center, the Center for the Circular Economy, an investment group, Closed Loop Capital Management, and an operating group, Closed Loop Builders.
Closed Loop Capital Management manages venture capital, mid-market buyout private equity and catalytic private credit investment strategies on behalf of global corporations, financial institutions and family offices. To date, Closed Loop Capital Management has over $550 million of assets under management. Our team has made over 85 investments ranging from emerging innovations to established businesses. Focused on developed markets, Closed Loop Capital Management is designed to identify and accelerate circular solutions at different points within their growth, transitioning the economic system toward the efficiencies of circularity.
Closed Loop Partners is based in New York City and is a registered B Corp. www.closedlooppartners.com.
Closed Loop Leadership Fund
Closed Loop Partners’ lower mid-market buyout private equity investment strategy, the Closed Loop Leadership Fund, makes control investments in cash flowing businesses and enabling technologies to scale platforms that are fundamental to the circular economy. Closed Loop Leadership Fund is focused on areas including plastics & packaging, electronics, organics, the built environment, healthcare and the energy transition. With a buy-and-build strategy, the team brings active capital solutions, operating experience, circularity expertise and the strategic network of the Closed Loop Partners ecosystem to capture opportunities for growth and accelerate the circular economy.
Role
The Closed Loop Leadership Fund is looking for an Associate to support the investment team in all aspects of the deal process from origination and due diligence through deal support and post-investment portfolio management, as well as research new investment opportunities and work on strategic projects.
Responsibilities
- Analysis of investment opportunities including financial modeling, valuation, and return analysis
- Market landscaping and industry research
- Pipeline management of new and prospective investment opportunities
- Impact measurement analysis and reporting
- Support preparation of term sheets and letters of intent
- Monitoring select portfolio companies, quarterly portfolio valuation analysis, financial and operational reporting
- Due diligence on companies, management teams, customers, competitors, and industries
- Preparation of materials for Investment Committee, Executive team, investors, and others
Qualifications
- 1-2 years of post-college experience within investment banking, private equity, investment management, consulting or related industries
- Undergraduate degree with demonstrated academic excellence
- Strong financial modelling, accounting, and corporate finance skills
- Excellent organizational skills, attention to detail, and thoroughness
- A dynamic, enthusiastic individual who can take both initiative and direction
- Ability to work in small deal teams with significant opportunities to succeed and be challenged
- Genuine, personal interest in sustainability and the natural environment
Closed Loop Partners is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality or sex.
You must have US Work Authorization to be considered for any open Closed Loop Capital Management position.
Apply Here
Partnerships Associate
Apply by March 14, 2025
Location: This is an in-person role at Closed Loop Partners’ office in midtown Manhattan.
Salary Range: $100,000-$125,000 salary + discretionary bonus (compensation commensurate with experience)
Target Start: March 1, 2025
Closed Loop Partners
Closed Loop Partners is dedicated to building the circular economy. The firm is comprised of three key businesses that create a platform for systems change: an innovation center, the Center for the Circular Economy, an investment group, Closed Loop Capital Management, and an operating group, Closed Loop Builders.
Closed Loop Capital Management manages venture capital, mid-market buyout private equity and catalytic private credit investment strategies on behalf of gloval coporations, financial institutions and family offices. To date, Closed Loop Capital Management has over $550 million of assets under management. Out team has made over 85 investments ranging from emerging innovations to established businesses. Focused on developed markets, Closed Loop Capital Management is designed to identify and accelerate circular solutions at different points within their growth, transitioning the economic system toward the efficiencies of circularity.
Closed Loop Partners is based in New York City and is a registered B Corp. www.closedlooppartners.com
Role
Closed Loop Capital Management is seeking an organized, proactive Partnerships Associate to maintain our pipeline and help deepen existing relationships with Closed Loop Capital Management corporate partners, investors, and stakeholders across the Closed Loop Partners platform, including the firm’s innovation center and operating group.
Responsibilities
- Support Managing Director with fundraising and business development by tracking relationships and pipeline, organizing webinars and building bespoke investor presentation materials
- Project management across administrative and relationship development workstreams, including internal and external stakeholders
- Help develop high-quality presentation materials, including pitch decks and proposals
- Support Partnerships and Investor Relations team in the creation of multi-media messaging, content development and overall storytelling on behalf of Corporate Partners, Investors, and firmwide stakeholders
- Work closely with investor relations and communications teams to analyze industry objectives and trends and to articulate from across the Closed Loop Partners platform for new and existing investors, clients, and stakeholders and corporate partners
- Coordinate with internal team and compliance to review and approve investor presentations
- Support business development including ongoing relationship servicing and cultivation of business partnership opportunities with corporate partners (clients, investors, and prospective partners) to achieve firmwide goals
- Help manage, maintain and optimize CRM systems
Qualifications
- Strong PowerPoint and Excel skills; able to quickly pick up various digital tools (e.g. HubSpot, shared docs, etc.)
- High emotional intelligence, able to work well with busy cross-functional team
- Ability to manage multiple priorities concurrently
- Exceptional project management skills and attention to detail
- Skilled at problem solving, conceptual thinking and idea development
- Ability to distill complex information into clear messages
- Efficient and effective execution ability, able to work iteratively and turn-around high-quality materials and work products in a timely manner
- Highest integrity and understanding of compliance and risk management practices
- Strong interest in sustainability and the circular economy
Closed Loop Partners is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality or sex.
You must have US Work Authorization to be considered for any open Closed Loop Capital Management position.
Apply Here
Portfolio Analytics and Growth Manager
February 27, 2025
Location: New York, NY
Salary Range: $100,000-$125,000 salary + discretionary bonus (compensation commensurate with experience)
Target Start: April 1, 2025
This is an in-person role at our office in midtown Manhattan.
Closed Loop Capital Management
Closed Loop Partners is dedicated to building the circular economy. The firm is comprised of three key businesses that create a platform for systems change; an innovation center, the Center for the Circular Economy, an investment group, Closed Loop Capital Management, and an operating group, Closed Loop Builders.
Closed Loop Capital Management manages venture capital, mid-market buyout private equity and catalytic private credit investment strategies on behalf of global corporations, financial institutions and family offices. To date, Closed Loop Capital Management has over $550 million of assets under management. Our team has made over 85 investments ranging from emerging innovations to established businesses. Focused on developed markets, Closed Loop Capital Management is designed to identify and accelerate circular solutions at different points within their growth, transitioning the economic system toward the efficiencies of circularity.
Closed Loop Partners is based in New York City and is a registered B Corp. www.closedlooppartners.com
Closed Loop Infrastructure Group, Private Credit & Catalytic Capital
The Closed Loop Infrastructure Group is Closed Loop Partners’ catalytic private credit strategy, providing flexible and risk-tolerant capital to support private companies and municipal projects representing business models, infrastructure, and innovations that increase the quality and quantity of recycled materials in the system and enhance circularity throughout supply chains. Catalytic capital aims to attract further investment and meet the criteria of driving net positive environmental and social outcomes.
Role
The Closed Loop Infrastructure Group is seeking a Portfolio Analytics and Growth Manager to join the investment team to support the management, servicing, and analysis of all loan portfolios across the catalytic private credit group. The role will report to the Director of Private Credit and Catalytic Capital and work in partnership with the investment, investor relations, and fund finance teams to manage ongoing portfolio monitoring, reporting, and servicing, utilize portfolio data to identify portfolio trends and opportunities, and provide regular updates on borrowers’ financial reporting and impact metrics. We are seeking a candidate that is familiar with both debt and equity structures and who is keen to contribute to a growing business.
Responsibilities
- Portfolio Analytics: Compile, maintain, and summarize portfolio company financial metrics to assist in managing risk, identifying areas to further support our portfolio companies, and identifying broader trends and industry conditions across the portfolio.
- Transaction Execution: Lead on internal onboarding of transactions (including review of closing conditions and development of amortization schedules), coordinate closing flow of funds, and work with treasury to make sure all wires are executed for new investments.
- Loan Servicing: Work directly with portfolio companies by overseeing payments, covenant compliance, audit requirements, and by providing administrative support across the full life-cycle activity of investments.
- Investment / Deal Execution: Work in partnership with the portfolio manager to lead the due diligence and execution on any upsize and/or amendment requests from such portfolio companies.
- Compliance and Reporting: Review and reconcile finance records for all portfolio positions, including borrower/investee reporting, loan payment schedules, holdings reports, and fund return calculations. Assist in loan provisioning internal reviews and discussions (familiarity with CECL is preferred) and with annual fund audit requirements.
- Investor Relations: Work closely with the investor relations team to ensure timely and accurate financial data, impact outputs, and fund returns information related to capital activity events (e.g. investor distributions or capital calls), quarterly investor reporting, and ongoing investor
Qualifications
- 3-7 years’ experience in Portfolio Management, Lending, Credit Markets, Risk Management, Loan Operations, Accounting, and/or Fund Administration (Private Credit specific)
- Strong background and work experience in one or more of the following areas: private credit, leveraged loans, lower middle market lending, corporate debt, private fund operations
- Understanding of loan accounting in accordance with GAAP
- Strong Excel skills
- Acute attention to detail, organized
- Excellent communications skills, both verbal and written
- Demonstrated problem-solving skills
- Can operate in a fast-paced environment and proactively seeks to enhance processes
- Team player, eager to support, partner and lead towards collective goals
- Personally interested in sustainability and the natural environment
Closed Loop Partners is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality or sex.
You must have US Work Authorization to be considered for any open Closed Loop Capital Management position.