Marcus Lessler Email & Phone Number

California, United States

San Francisco Bay Area

San Francisco Bay Area

Menlo Park

• Perform monthly financial closes; prepare quarterly and annual financial statements for venture capital funds• Manage capital calls, cash flows, daily bank activities, accounts payable, government tax and compliance filings, client communications• Serve as liaison between clients and Kranz’s management team; report directly to controller and CFOs• Analyze Limited Partnership Agreement of each fund to gain understanding of terms, capital accounts and allocations, management fees and expenses, distributions, and other relevant provisions• Review partnership tax returns and Schedule K-1s and provide support throughout engagement; deliver Schedule K-1s to respective investors

Sacamento, Ca

• Leadership role acquiring new clients totaling $22+ billion AUM• Building/supervising team of 10+ fund accountants who provide custody and accounting services• Supported the internal transition of the first 40 Act Mutual Funds to be serviced in local office• Oversee and validate data as needed, e.g. fund Net Asset Values, trade, divergence, distributions, corporate actions, income.

• Managed daily accounting activities required to generate net asset values for several fund types including “40 Acts”, hedge funds, collective investment trusts, UCITS, separate accounts, and others• Performed daily reconciliation of trade, income, expense, to provide accurate cash forecasting • Confirmed all income and expense accruals related to fund holdings and capital stock activity• Researched and processed all corporate actions related to fund holdings• Compiled audit reports for annual audit, produce annual financial statements.• Conducted group trainings, responsible for training new staff, and ensuring all bank policies and procedures were followed.• Obtained expertise in several strategies including market neutral funds, hedge funds, currency overlays, and commodity funds.• Validated daily pricing of all equity, fixed income, derivatives, and fund of fund positions• Provided oversight and secondary certification for the work of junior staff• Performed daily, monthly, and quarterly General/Sub-Ledger audits

Education record

Education record