Nitin Tiwari
Manager Private Equity
Pune
Summary
Dynamic finance professional with over 16 years of experience in private equity, venture capital, and performance reporting, specializing in back-office operations. Proven ability to communicate effectively across diverse platforms, enhancing collaboration and engagement through clear email correspondence, impactful group presentations, and persuasive verbal interactions. Recognized for driving teams toward success by prioritizing operational efficiency and delivering measurable outcomes.
Overview
17
17
years of professional experience
Work History
Manager
BNY Mellon International Operations India Pvt. Ltd.
11.2023 - 12.2024
- To manage team size of ten members, looking after any trainings needs, ensure appropriate capacity to take care of business functions.
- Review Cash forecasting/Projections on the weekly basis for the Left side (LP Investors) and the Right side (GP Investments) and setting up the WIRE for the funds transfer (Cash inflows & Cash Outflows).
- Review Capital Call and distribution workings along with notices and release to respective investors.
- Review Management Fee’s Summary and Side Letter and release to LP Investors.
- Calculate & record quarterly, semi-annual & annual NAVs (Net Asset Value), Contributions, Distributions, Unfunded Commitments, Return of Capital, Escrow, Proceeds from Realization, IRR (Internal Rate of return), and monitor manager liquidity provisions on behalf of the client.
- Assume ownership and accountability for the final delivery of quarterly, semi-annual & annual Fund’s performance reports to investment teams for the multiple private equity funds.
- Performing Analysis of the financial statements for various asset classes funds such as Private Equity, Venture Capital, Real Estate & Infrastructure Fund of Funds using Balance sheet, Income Statements, Partner’s Capital & Cash flow statement, Schedule of Investments, reviewing quarterly NAVs & IRR.
- Domain: Private Equity/Performance Reporting
Assistant Manager
Citi Corp Service India Pvt Ltd.
12.2013 - 11.2023
- End to end Fund Accounting for the Private Equity Funds. Book-keeping, preparing and reviewing general ledger account reconciliations.
- Co-ordination with the Fund Manager & external parties for the NAV accounting.
- Capital Activity - Accounting of Capital Call & Distribution in compliance with PPM and applicable regulations.
- Calculation of fees including Management fees, Custody fees, Op-ex & Carried Interest.
- Computation/review of Distribution Waterfall workings as per the methodology mentioned in the PPM.
- Maintaining the books and records for multiple Private Equity Funds.
- Calculate closing interest, management fee and carried interest.
- Reconcile cash balances on a daily basis.
- NAV Production Calculations.
- Manage underlying fund cash flow activity, including the funding of capital calls, recording and analysing distributions received.
- Domain: Private Equity/Performance Reporting
Performance Analyst
BNY Mellon International Operations India Pvt. Ltd.
07.2007 - 11.2013
- To provide professional support to clients and investment managers through timely and accurate delivery of rates of returns & also responsible for the completion of any client specific reports, resolution of any issues that arise during the normal quality assurance checks and communication of this information to all interested parties.
- We were responsible for completion of any special projects that the client may request & participate in the conversion process and also responsible for setting up new accounts and composites, loading return history and reconciling to previous custodian.
- Analyses of monthly performance results to ensure time-sensitive, high-quality reporting; and effectively assisted internal/external clients in the use of performance data and products.
- Responsible for evaluation of monthly returns & examining contribution of individual security returns to the portfolio.
- Proper coordination with Accounting Team and getting resolutions of the queries those have been escalated.
- To send across notification emails to the Investment Managers regarding their monthly as well as quarterly returns of the portfolio as per their requirements i.e., Gross or Net returns.
- Preparation of the monthly as well as quarterly Excel Reports and notifying onshore performance team.
- Domain: Assets Servicing/Capital Market
Education
MBA - Finance
ICFAI Nagpur
01.2007
B. Com - Accounting and Finance
University of Nagpur
01.2005
Skills
Team leadership
Operations management
Strategic planning
Decision-making
Timeline
Manager
BNY Mellon International Operations India Pvt. Ltd.
11.2023 - 12.2024
Assistant Manager
Citi Corp Service India Pvt Ltd.
12.2013 - 11.2023
Performance Analyst
BNY Mellon International Operations India Pvt. Ltd.
07.2007 - 11.2013
B. Com - Accounting and Finance
University of Nagpur
MBA - Finance
ICFAI Nagpur
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