katherine chung

Optima Fund Management

Jun 2007 – Dec 2009

New York, NY

Associate

• Evaluate all potential new hedge funds to assess the fund’s business and infrastructure to ensure adequate controls over their operational and compliance practices • Meet with all relevant parties at the hedge fund (COO, CFO, CCO) to understand the day to day activity and supporting controls • Complete all manager risk reports detailing overall opinion for investment and highlight supporting opinions/documentation for the research team and the Investment Committee • Speak with prime brokers/banks/administrators/auditors as part of the due diligence process to help ensure all third party services providers have adequate controls to safeguard fund assets • Track and review all yearly audit reports for funded managers • Follow-up on any personnel or service provider changes for funded managers to ensure continued adequate controls • Ensure complete and accurate data management within the firm’s internal research/accounting/risk management system • Help develop new methods of monitoring and tracking risk across all funded managers utilizing our risk management system • Present any new findings to the risk management team, CFO, CIO, and entire research department

Goldman Sachs & Co

Jun 2004 – Jul 2007

New York, NY

Associate

• Supervise valuations on secondary investments, calculations of complex derivative instruments, P&L analysis, incentive allocations, distribution mechanics, and equity valuations contained in private equity and security partnerships • Oversee the value assessments (realized and unrealized gains/losses) of over 200 underlying partnership investments and direct investments with assets over 4.5 billion • Research accounting policies and industry updates to assure proper disclosure and valuation of financial information • Quarterly review of unrealized schedules, trial balances, internal rate of return, preferred return calculation, financial statements and capital statements • Monitor the outsourcing of 50 private equity funds to service providers to ensure accurate and efficient financial reporting • Prepare ad hoc investor requests from the Partnership Services Center • Liaison between the funds’ service providers, the GS tax group, and the Private Equity administrative team to coordinate efforts and determine solutions to issues

Venrock Associates

Jun 2006 – Mar 2007

New York, NY

Associate

Limited Partner Administration and Reporting Responsibilities: 8 Partnerships with over 500 Partners • Respond to limited partner inquiries regarding capital account statements, audit requests, status of portfolio company investments, partnership agreement or transfer matters • Prepare and oversee announcements for capital calls, distributions and fund-related public relations announcements • Prepare and oversee production of the quarterly and annual reports Fundraising and Marketing • Prepare and review presentations for limited partner meetings that provides updates on various fund performance Prepare and review due diligence packages for investors during the fund raising process by providing fund performance and analytics Relationship Manager • Work directly with outside general counsel to manage various SEC reporting issues and compliance, as well as to review drafts of partnership agreements or effect limited partner transfers • Interface directly with outside cash management team on wire transfers, distributions, various banking product • Coordinate with accounting group to ensure information is correctly reflected for limited partner accounts and underlying portfolio investments

Goldman Sachs & Co

Sep 2002 – Jul 2004

New York, NY

Analyst

• Responsible for organizing all quarterly and year end financial reporting and analytics for several Whitehall Real Estate and PIA funds, containing over $2 billion in investor-committed capital. • Analyze and review the fair market valuation of the real estate investments, including fund acquisitions, dispositions, foreign currency transactions, and effects of hedging activities. • Responsible for organizing and preparing Partner Capital statements to Whitehall proprietary investors. • Prepare quarterly valuation of partnership investments • Manage investor capital call, distributions, and reconciliation process • Liaise and maintain relationships with Real Estate Principal Investment Area (REPIA), Principal Investment Area (PIA), Tax, and investment groups in Dallas, Europe and Asia. • Interface with auditors on annual financial review. • Manage real estate portfolio cash and maintain records within ledger system • Participate in the transition of the accounting function to new support platform in Dallas and train staff on all functions.

PWC Mellon Bank

Jan 2001 – Aug 2002

Fort Lee, NJ

Anal

• Implemented new pension payroll system by analyzing conversion data, extensively developed and tested pension calculations and monthly payments to new commencing participants. • Analyzed distribution batches and interface files with the client’s file; producing a discrepancy report, using Mainframe and SQL. • Established documented procedures and conducted training sessions for the client and future pension administrators. • Administered specifics to pension plans that included pension mathematics and communication requirements for retired participants.

Skills