Tandem Global Partners
"Management is doing things right; leadership is doing the right things."
- Peter Drucker
Not all portfolio company finance teams are created equal. TGP can supplement existing finance teams who need guidance and direction. A common situation where TGP can be helpful is when the existing CFO leaves the portfolio company. We can plug our professionals in on a part-time basis to keep things running and assist with the hiring process for a new full-time CFO. Alternatively, we can plug our professionals in for longer term engagements where the portfolio company may not need a full-time CFO. Our team works with private equity firms to find flexible, affordable solutions for their portfolio companies.
Many private equity and venture capital funds with less than $150M assets under management cannot afford to hire a full-time CFO, nor do they need a full-time CFO. TGP professionals have experience working as CFOs of private equity firms and provide an affordable, flexible solution for small to mid sized transactions.
Fund accounting requires a unique skill set that escapes many CPAs and traditional corporate CFOs. Lamplighter’s PE CFO professionals are proficient in fund accounting, understand the unique requirements of institutional investor relations, and are well-versed in managing due diligence processes during fundraising.
TGP provides CFO Services for the fund, the general partner, and the management company. Our professionals are well-versed in fund accounting and understand the symbiotic relationship between these three entities. Most fund administrators or PE CFO outsourcing firms will only serve the fund, leaving the general partner with the need to still hire someone else to handle the general partner’s and the management company’s books. TGP ability to handle all three entities sets it apart in the industry.