Fund Operations - Analyst January 2027

PAI Partners, a leading pan-European private equity firm, is seeking a talented, motivated and enthusiastic candidate for an analyst position in its Luxembourg office within the fund administration team.

We are currently seeking a talented, motivated and enthusiastic candidate to join our Luxembourg office for an analyst position, commencing in January 2027. As a Funds Operations Analyst, you will support the day-to-day operational activities of our private equity funds across their full lifecycle. Working closely with senior team members, you will contribute to fund administration, reporting, and process execution within a high-performing environment. This role is an excellent entry point for a motivated professional looking to build expertise in private equity fund operations.

Candidates are expected to have a strong academic record and good communication skills. The ability to learn quickly is essential, as well as good attention to detail and a strong work ethic. Previous internship experience in Finance (Investment Banking, Consulting or Transaction services), as well as knowledge of VBA will be a plus. Most importantly, candidates should have a strong interest in corporate finance and be enthusiastic to learn about private equity.

PAI Partners is a leading European private equity firm with offices in Paris, London, Luxembourg, Madrid, Milan, Munich and New York. PAI manages €25 billion of dedicated buyout funds. Since 1994, the company has completed over 100 transactions in 13 countries. PAI is characterised by its industrial approach to ownership combined with its sector-based organisation. PAI Partners provide the companies they own with the financial and strategic support required to pursue their development and enhance strategic value creation.

Key Responsibilities

Fund Administration Support

•       Assist in processing capital calls, distributions, and fund cash management under supervision

•       Support the preparation and review of NAV reports, investor allocations, and financial statements

•       Help coordinate with third-party fund administrators, depositaries, and other service providers

•       Contribute to audit preparation and internal control documentation (Big 4 coordination)

Reporting & Investor Relations

•       Support the preparation of investor reports and ad hoc data requests

•       Assist Investor Relations with fundraising materials and investor queries

•       Contribute to portfolio-level reporting in collaboration with the Deal Operations Team

Operational & Projects

•       Participate in the implementation and optimisation of fund operation systems and tools

•       Support data governance, process documentation, and operational efficiency initiatives

•       Contribute to cross-functional projects as needed

•       Up to 2 years of experience in fund operations, fund administration, financial audit, or a related financial services role

•       Academic background in Finance, Accounting, Economics, or a related field

•       First exposure to Luxembourg fund structures or alternative asset management is a plus; prior audit experience in the financial sector is equally valued

•       Basic understanding of fund accounting principles and private equity fund mechanics

•       Strong analytical skills and attention to detail

•       Fluency in English and French required