• LinkedIn - Black Circle
  • TrugliLogoBW

CURRICULUM VITAE                                                                                                                          

Experienced Fund Manager with over 20 years of demonstrated history in the private equity real estate fund industry. Skilled in Valuation, Investor Reporting, Portfolio Administration & Analysis, Business Process Improvement, and Financial Analysis. Strong finance professional with deep expertise in Information Technology.

STATE STREET CORPORATION                                                                            CLIFTON, NJ 

Vice President, Fund Accounting and Administration                        Apr 2018 - Present                                                                    

Fund Accounting and Administration

  • Managing team responsible for portfolio and fund level accounting for real estate debt funds.

  • Review and approve monthly or quarterly workpaper packages and investor reporting.


Accounting System Conversion 

  • Converting static and transaction data of numerous Fund-of-Funds from a legacy accounting system to Investran including the reconciliation of trial balances and partner capital statements (PCAPs). 

TRÜGLI CONSULTING LLC                                                                                NEW YORK, NY 

Principal, Strategy & Investment Administration                                  Mar 2014 - Present 

  • Implemented an Investran general ledger for General Atlantic, a $20 billion private equity growth fund.

    • Developed the design, analysis, and implementation of investment analytics. 

    • Partnered with the business stakeholders to identify process improvement.

    • Performed project management of the integration.

  • Provided overview of PERE financial management to Juniper Square, a SaaS company serving PERE funds. 

  • Residential and commercial property management for three properties in Ridgewood, Queens.

SANDSPOINT CAPITAL ADVISORS, LLC                                                              DALLAS, TX 

Vice President, Portfolio & Financial Analysis                                    Oct 2013 - Feb 2014 


  • Established valuation policy in line with ASC 820 for Related Fund Management, a $1.2 billion real estate fund. 

  • Presented valuation updates to Investment Committee and weekly management meetings.

  • Prepared detailed models and reports supporting quarterly valuations of funds’ portfolio of real estate assets in development. These assets were a mix of multifamily and retail property types.


Management Reporting 

  • Prepared fund-level cash flow forecasting and quarterly performance analysis.

  • Designed and prepared portfolio’s track record with IRR and ROI for investors and management.


Annual Audit and Quarterly Review

  • Partnered with external auditors to resolve open items and provide deliverables. Managed the valuation audit calendar.

Principal, Treasury Management Services (Consultant)                July 2013 - Sept 2013 

Cash Management and Operations

  • Managed the treasury group to handle cash management as a founding member of the Dallas office.

  • Maintained bank account reconciliations, monitored liquidity, and reviewed closing documents.

  • Designed and developed the vendor payment process to help build the database for such payments.

  • Worked closely with banks to provide wire processing, payments, and other activities to ensure treasury activities were compliant with the client’s treasury process and guidelines.


FORTRESS INVESTMENT GROUP                                                                  NEW YORK, NY 

Associate, Private Equity Valuations                                                  Nov 2009 - Apr 2012 


  • Prepared, monitored, and presented quarterly valuation memos, cash flows, revenue budgets and trend analyses.

  • Researched competitors to portfolio companies to develop a list of comparable companies.    


Annual Audit and Quarterly Review

  • Participated in annual audits and quarterly reviews with auditors and asset managers to develop valuation conclusions on our investments that were in accordance with GAAP.

  • Resolved open items and provided-by-client deliverables to successfully close audits of assigned portfolio companies.


Process Improvement

  • Created and enhanced valuation models, streamlined reporting and processes, and monitored actual versus budget cash flow and operating performance.


Organizational and Interpersonal

  • Worked closely with portfolio company CFOs and asset managers to receive, maintain and evaluate quarterly financial statements, legal documents, and capital events.


IT Business Analyst                                                                               Feb 2007 - Oct 2009 


Contract Negotiation and Vendor Management

  • Negotiated two software license agreements with SunGard for general ledger licenses and support, achieving a 30% reduction on user license purchases.

  • Managed vendor relationships with consultants and SunGard supporting the Investran database.

Operations Management

  • Built and streamlined the accounting group’s operating platform.

  • Hired a project manager and developer to own the general ledger and the technology strategic plan for the division.


RSM MCGLADREY                                                                                                   BOSTON, MA 

Senior Consultant, Business Valuations and Litigation Support   Jan 2007 - Feb 2008 


  • Valuation consultant performing all aspects of valuation development and report writing, including industry, economic, and market data research and analysis, financial modeling, and application of valuation methodology relating to closely-held private companies.

Business Planning / M&A / Financial Reporting                      

  • Adjusted an IRS Sec 197 model that calculated the amortization of intangible assets.

  • FAS 157 financial reporting purposes, royalty/IP valuation, and FAS 141 purchase-price allocation assignments

Family-Owned Businesses / Estate & Gift Tax Valuations    

  • Valued family-owned businesses for the purpose of estate and gift planning by applying discounts for lack of control and marketability.

Litigation Support

  • Forced a settlement in a litigation matter concerning a private equity fund by valuing the effect of the unrealized appreciation on the carried interest.

Client Interaction and Development 

  • Interviewed senior managers, owners, and clients. 

  • Attended local conferences and industry events.


  • New England-based clients were part of such diverse industries as agriculture, private equity, construction supply, contract manufacturing, medical devices, and pharmaceuticals.


CREDIT SUISSE                                                                                                    NEW YORK, NY 

Assistant Vice President, Alternative Investments                           Mar 2004 - Jul 2004 

Data Conversion

  • Compiled a summary of investments and investors, ensuring invested capital, distributions and capital balances were properly allocated in an Investran general ledger.

GOLDMAN, SACHS & CO.                                                                                  NEW YORK, NY 

Senior Analyst, Global Investment Group Fund Administration   Aug 2003 - Feb 2004 

Senior Analyst, Real Estate Principal Investment Area                    Jul 1999 - Aug 2003 

Cash Manager, Investment Accounting                                               Oct 1996 - Jul 1999 

Management Reporting 

  • Reviewed annual business model valuations for the Whitehall Street Real Estate Funds assets, worth $75 billion in total cost and $12 billion in AUM.

  • Performed long-term liquidation analyses. Projected fund level returns. 

  • Prepared performance attribution analysis for Funds. Reviewed reforecasts and produced variance analysis explanations for annual reforecast compared to budget. 

  • Reviewed sources and uses for new investments. Analyzed and reported on the performance for all investments. 

  • Established issues and priorities for assigned funds.


Financial Reviews and Reporting

  • Reviewed fund financial statements. Provided comments and incorporated significant events into year-end Fund write-up. Assisted with preparation of management discussions that accompanied audited financials.


Corporate Presentations

  • Development of presentation materials (e.g., quarterly tax conferences, investor meetings, etc.) – refined presentation themes, gathered data, and constructed professional presentation materials.



  • Managed approximately $1.5 billion debt portfolio consisting of a commercial paper facility and secured debt. Provided loan covenant compliance reporting packages. 

  • Created partners’ capital call/distribution recommendations for the Whitehall Street Funds and provided supporting analysis. 

  • Provided detailed information for investment/fund updates to investors concerning capital calls, dispositions, refinancings, returns, etc.


Reorganization and General Ledger Implementation 

  • Served on project management team the led the reorganization of the Investment Accounting Department.  

  • Responsible for design, planning, and implementation of the data conversion project of journal entries to the Investran general ledger.


Data Warehouse

  • Worked extensively with the Archon Group to build out a data warehouse to standardize cash flow reporting on a large-scale systems project with Portfolio Management, Accounting, Technology, subsidiary companies globally, and senior management. Traveled extensively between Goldman Sachs NY and Archon Group Dallas to collaborate with DBAs and QA team.


Cash Management and Operations

  • Supervised team dedicated to servicing fund operations. Published a detailed operations manual outlining the procedures for the settlement of cash, foreign currencies and securities for Private Equity at the Firm. 

  • Created the position of Cash Manager, the firm’s first merchant banking operations professional serving the Americas, Europe and Asia. 

  • Managed cash, currency settlement and accounting operations for 700 brokerage accounts. Processed $50 billion in transactions.

© 2016-2019 by Vito Colombo. Proudly created with Wix.com