Winston Churchill: the price of greatness is responsibility
Nader Battat
EnTrustPermal, New York, NY
Controller / Vice President
  • Controller of six hedge funds specializing in Activist, Opportunistic, Event Driven and Distressed Credit strategies
  • Assiduous composition of Annual Financial Statements in accordance with GAAP
  • Calculated and disseminated monthly Net Asset Values (NAV’s) to investors
  • Monthly assessment of investor/investment liquidity and cash flow projections
  • Quarterly reporting of financial results, including forecasting and variance analysis from estimate to actual
  • Worked closely with auditors providing detailed, transparent information for year-end audit of Financial Statements
  • Proactive in improving accounting procedures, files and spreadsheets; constantly looking for ways to increase efficiency and simplify convoluted schedules
Loeb King Capital Partners, New York, NY
Senior Hedge Fund Accountant
  • Lead Accountant on firm’s flagship and 40ACT funds invested in Equities, Options, CFD’s, Swaps, Bank & Private Debt
  • Performed and monitored daily NAV preparation and performance reporting
  • Performed daily asset reconciliations on holdings between Loeb, Prime Broker and Operations
  • Reviewed and approved monthly reset of CFD’s and Swaps, shadowing all trades and corporate actions in calculations
  • Ensured accurate booking and settlement of all trades, foreign exchange transactions and option exercises to Geneva
  • Compiled monthly NAV packages of funds; diligently analyzed and reviewed monthly NAV packages completed by Admin
  • Researched and booked various corporate actions, adjustments to dividends, M&A’s, splits, rights
Neuberger Berman, New York, NY
Senior Hedge Fund Accountant
  • Oversaw accounting and analysis for eight multifarious Hedge Fund-of-Fund managed accounts
  • Adept in funds focused on various investment strategies and asset classes, including Long/Short, Distressed Credit, Quantative, Market Neutral, Global Macro, Relative Value and Event-Driven funds
  • Managed accounting for Segregated Portfolio Company (SPC) focused on commodity futures and FX contracts
  • Calculated Management and Incentive fees for Investors, specific to each Private Placement Memorandum (PPM)
  • Maintained books for several Separately Managed Accounts (SMA’s) geared toward client specific needs
  • Main point of contact for the investment team, auditors, client services and underlying fund administrators
  • Created cash-flow model to evaluate cash availability, liquidity and cash projection services on all funds
BNY Mellon, New York, NY
Hedge Fund Accountant II
  • Serviced a full array of hedge fund strategies and structures for Goldman Sachs Hedge Fund investments
  • Review of all trades, currency contracts, price and cash variances for group of approximately 25 accountants
  • Production of client portfolio statements on a monthly/quarterly basis
  • Provided full sweep and translation of funds at multiple stages on a daily basis
Citi Private Equity Services, New York, NY.
Private Equity Fund Analyst II
  • Prepared annual financial statements for multiple Private Equity funds with $10 Billion AUM; clients BlackRock and AIG
  • Reconstructed Financial Statement, work paper, and cash reconciliation schedules on eight AIG funds
  • Streamlined accrual process to increase efficiency and effectiveness of supporting documents
  • Constructed Limited Partner Capital Statements with contribution, expense allocations and waterfall calculations
  • Skilled with offshore transaction schedules and unrealized foreign exchange gain/loss computations
  • Prepared capital call/distribution calculations, notices, reconciliations for underlying funds and Limited Partners
Queens College of the City University of New York
Bachelor of Arts
Accounting and Information Systems, Economics