Summary
Overview
Work History
Education
Skills
Achievements And Interests
Timeline
Generic

David Busch

Summary

Investment management professional with 20 years of experience specializing in finance operations, performance reporting, and fund accounting. Broad cross functional operations experience across public, private, and alternative asset class with proven success implementing process controls and efficiencies. Solutions oriented, highly analytical, and a proven leader, having managed multiple individuals and projects.

Overview

18
18
years of professional experience

Work History

Manager / Performance Reporting Group

Makena Capital
05.2018 - Current
  • Manage a team responsible for ensuring the quality and accuracy of performance data and reporting to internal teams and external clients for a 20B global, multi-fund, multi-asset class investment manager
  • Oversee the data flow and reconciliation process between the fund administrator's accounting system and internal data warehouse and performance reporting system
  • Collaborates with external fund administrators and service providers to streamline processes specific to the firm's investment strategy, multi-fund structure, and individual reporting requirements
  • Works with the portfolio strategy group in managing the firm's hedging program, target Beta and portfolio allocations, and liquidity policy
  • Oversees the management of year-end liquidity requirements and projections associated with the firm's perpetual distributions and side pocketed investments and funds
  • Collaborates with counterparties in trade execution and margin requirements associated with directly traded securities
  • Oversee the reporting requirements for the firm's largest client.

Financial Consultant

Hay! Straws / Mable Brush
12.2017 - 04.2018
  • Served as the financial consultant for Hay! Straws, a consumer goods start-up focused on environmentally safe and sustainable products
  • Implemented data reporting procedures to track the company's finances
  • Created detailed financial models to forecast projected revenues, costs, and cash flow requirements for potential investors, leading to the company's first round of external funding.

Finance Operations Manager

Social Capital
08.2017 - 11.2017
  • Performed various fund accounting functions including financial statement preparation, management and incentive fee calculations, portfolio company valuations, cash management, and issuing capital calls
  • Produced quarterly portfolio review and advisory board reports summarizing KPI and firm-wide performance figures.

Vice President

Point72 Asset Management
01.2006 - 07.2015
  • Integral member of the finance and operations department performing accounting, reporting, and front-office support functions for a multi-strategy hedge fund with over $15 billion in AUM
  • Oversaw the nightly P&L reporting process, portfolio manager financing allocations, and external performance reporting for the firm, including the quarterly risk report distributed to investors
  • Enhanced analysis capabilities and reporting efficiencies through the implementation of automated processes and systems development
  • Achieved 60-75% reduction in delivery time of recurring processes
  • Adhered to stringent fund accounting close schedules in performing valuations, reconciliations, and monthly portfolio adjustments
  • Worked with multiple departments (investor relations, operations, finance, front office)
  • Consistent career progression, having been promoted 4 times during my tenure with the company.

Education

Bachelor of Science - Business Administration

University of New Hampshire
Durham, NH
05.2002

Skills

  • Internal & External Reporting
  • Process Management
  • Operations
  • Fund Accounting & Valuation
  • Portfolio Financing & Securities Lending
  • Fund of Funds
  • Investor Services
  • Compliance and Regulatory Reporting
  • Portfolio Strategy
  • Financial Planning & Analysis
  • Microsoft Excel & VBA
  • Addepar
  • Advent Geneva
  • Bloomberg

Achievements And Interests

  • Member of the Division 1 men's ice hockey team at UNH. 1999 Hockey East regular season champions and Frozen Four National Championship finalist, 2002 Hockey East Tournament Champions, Frozen Four semi-finalist.
  • Recipient of the movers and shakers award at UNH, in recognition of academic achievement, service to the community, and active participation in co-curricular activities.
  • Active supporter and volunteer at Muttville Senior Dog Rescue, helping elderly dogs find a safe and permanent home.

Timeline

Manager / Performance Reporting Group

Makena Capital
05.2018 - Current

Financial Consultant

Hay! Straws / Mable Brush
12.2017 - 04.2018

Finance Operations Manager

Social Capital
08.2017 - 11.2017

Vice President

Point72 Asset Management
01.2006 - 07.2015

Bachelor of Science - Business Administration

University of New Hampshire
David Busch