Advisory
A part-time CFO for your management company and your funds
Long-term or one-off assignments, shaped to your team’s needs: Orma takes on all or part of the finance function of the management company and its vehicles, in France and Luxembourg.
or write to contact@orma.finance
An outsourced finance function, sized to fit
An entrepreneurial management company or a first-time fund does not always need a full-time CFO. Yet it needs the same assurances: accurate capital calls, monitored cash, reports delivered on time and documented compliance.
A part-time CFO brings that expertise at the pace you need. They join your team, take over existing processes, make them reliable and document them so they can be handed over.
Two kinds of assignment
- Part-time CFO: a regular, long-term presence to run the finance function of the management company and its funds.
- One-off assignment: a defined, time-bound project, such as a fund launch, audit preparation, taking over a process, or a transition between two hires.
Management company, funds and SPVs
Orma works on both the management company and the vehicles it manages: French FPCIs, Luxembourg RAIFs and co-investment SPVs. The strategies we support cover venture capital, private equity and club deals.
A hands-on approach
- Processes that are mapped, documented and ready to hand over.
- A single point of contact for depositaries, statutory auditors, valuers, banks and accountants.
- Tools sized to your firm, to automate what can be automated.
Five areas of work
- Fund OperationsSubscriptions, capital calls, investments, distributions and cash, across the life of the fund.
- Financial & strategic steeringBudgets, cash forecasts, management fees, KPIs and dashboards for leadership.
- Portfolio & ValuationPortfolio monitoring, valuations, performance and NAV, with your auditors and valuers.
- Investor ReportingLP reporting, quarterly and annual reports, relations with institutional investors.
- Governance & ComplianceGovernance of funds and the management company, compliance officer and AMF, KYC/AML, internal control.
Frequently asked questions
- What is a part-time CFO?
- An experienced finance director who devotes part of their time to your firm, on a regular basis. The management company gains senior finance expertise without the cost of a full-time hire.
- When should you bring in a part-time CFO?
- Often at the launch of a first fund, when the volume of transactions grows, ahead of an audit or a fundraise, or when the finance team is in transition. The assignment can then pave the way for a hire, which Orma can also support.
- Does Orma work in Luxembourg?
- Yes. Orma supports management companies and funds in France and Luxembourg, including FPCIs and RAIFs.
Let’s talk about what you need.
A first conversation to understand your organisation, your funds and your timing.