Howard is a managing director with private equity fund services and leads Baker Tilly’s fund administration practice on the West Coast. He has more than 20 years of real estate industry experience and has spent eight of those years running a real estate fund administration operation before joining Baker Tilly in 2023. He has deep experience in managing and onboarding fund accounting and investor reporting processes for closed-end and open-end discretionary funds, as well as assisting clients with nondiscretionary separate accounts for large institutional pension/sovereign investors. His other specialties in fund administration include Real Estate Investment Trust (REIT) compliance and administration, National Council of Real Estate Investment Fiduciaries (NCREIF) and Investors in Non-Listed Real Estate Vehicles (INREV) reporting standards, fund and JV waterfall or incentive fee calculations, treasury and cash management operations, and implementation of internal control policies and procedures.
- Experiences in launching an U.S. fund administration service platform and manage teams across multiple offices
- Implementation of SOC I Type 2 (SSAE18) control environment and establishment of quarterly internal control monitoring for fund administration services
- Strong technical knowledge of U.S. Generally Accepted Accounting Principles (GAAP) and International Financial Reporting standards (IFRS) for private equity and real estate funds (ASC 946 - investment company guidance)
- Deep understanding of valuation policy and practice for real estate properties (i.e., discounted cash flow model)
- Knowledge of NCREIF and INREV reporting standards and real estate industry benchmark submission requirements (i.e., NCREIF and MSCI)
- Assisted global investment management firms with large scale lift-out of back-office fund accounting and investor reporting operations
- Implementation of Yardi Voyager and FIS Investran fund platforms
- Real estate accounting and reporting for all real estate asset classes (i.e., multifamily, commercial, office, industrial, logistics, retail and hospitalities)
- Full treasury and cash management implementation including critical controls and procedures
- National Council of Real Estate Investment Fiduciaries (NCREIF)
- Information Management Network (IMN)
