Peter Salts, Director of Fund Administration at Concept Fund Services LLC, a division of Berdon LLP, has more than 20 years of experience in fund administration for private equity, hedge, mutual, and variable annuity funds. In his career, he has built and managed multiple teams servicing billion dollar clients with a focus on back office services in accounting and operations. Peter has fulfilled roles of considerable responsibility, among them fund controller, accounting quality control, and director of finance and compliance, for major players in the financial services arena, such as Goldman Sachs Asset Management, Bridgewater Associates, GlobeOp Financial Services, and Citco Fund Services.
A skilled finance and accounting professional, Peter examines day-to-day operations to identify weaknesses and key risk areas and alert clients to opportunities for improvement and options to mitigate current and potential problems.
His experience encompasses areas that include:
- NAV and P&L calculations including management and incentive fees and partnership accounting
- Financial reporting
- Compliance, including Form PF, AIFMD, SEC, FINRA/NASD, prospectus, and fund
- Transfer agency/shareholder servicing
- Regulatory reporting
- Management and board reporting
- Securities lending
Peter can also advise in such areas as SEC audits, valuation and pricing, sophisticated capital structures, and fund governing documents and contracts.
PROFESSIONAL MEMBERSHIPS AND ACTIVITIES
Association for Corporate Growth
EDUCATION AND LICENSES
Peter holds a Bachelor of Business Administration degree in both Accounting and Finance from Pace University. Also, he earned his Master of Business Administration in Finance at Pace University.