Guide to VC
Gain valuable VC and PE insights to help you navigate trends, respond to change, and shape forward-thinking strategies.
What Is Investor Onboarding in Private Equity?
Back Contents Guide to VC What Is Investor Onboarding in Private Equity? Published date: 21 March 2025 | 6-Min Read Private equity (PE) is built on long-term relationships, strategic capital deployment, and trust. But before any capital is called or deployed, one foundational process must take place: investor onboarding. So, what is investor onboarding in private equity & why is it such a critical part of fund operations? In this article, we break down the PE investor onboarding process, explain how it differs from other fund types, and explore the [...]
Infrastructure Accounting for Private Funds Explained
Back Contents Guide to VC Infrastructure Accounting for Private Funds Explained Published date: 21 March 2025 | 5-Min Read Infrastructure accounting for private funds plays a critical role, offering stable returns, inflation protection, and long-term growth potential. From toll roads and airports to renewable energy and digital infrastructure, these projects require not just large capital outlays, but also specialized accounting frameworks that reflect their unique nature. What Is Infrastructure Accounting? Infrastructure accounting for private funds refers to the financial tracking, valuation, and reporting practices used by private funds that [...]
What Is the Difference Between Private Debt and Equity Accounting?
Back Contents Guide to VC What Is the Difference Between Private Debt and Equity Accounting? Published date: 20 March 2025 | 5-Min Read In private markets, fund managers and allocators often navigate both equity and credit strategies. While they may coexist under the same fund family or portfolio, the accounting treatment for private debt and equity differs significantly especially in how income is recognized, how risk is measured, and how fund performance is reported. Understanding these differences is critical for fund managers, accountants, and administrators overseeing complex, illiquid portfolios. This [...]
PE vs VC Valuation: What Fund Managers Need to Know About the Differences
Back Contents Guide to VC PE vs VC Valuation: What Fund Managers Need to Know About the Differences Published date: 20 March 2025 | 5-Min Read Valuation is the heartbeat of private market investing—and one of the most scrutinized aspects of fund accounting. Whether you're managing a private equity (PE) or venture capital (VC) fund, the way you approach valuation directly impacts reporting, investor trust, and regulatory compliance. But PE and VC do not speak the same valuation language. Their methods, assumptions, and standards differ based on asset maturity, data [...]
What Is PE and VC Accounting? Core Concepts Fund Managers Should Know
Back Contents Guide to VC What Is PE and VC Accounting? Core Concepts Fund Managers Should Know Published date: 20 March 2025 | 5-Min Read Private equity (PE) and venture capital (VC) firms operate in high-stakes environments where precision, compliance, and performance tracking are non-negotiable. As private markets continue to attract global capital, fund managers must go beyond surface-level understanding and develop fluency in the core accounting concepts that drive success. In this article, we explore the specialized world of PE and VC fund accounting, highlight key principles, and outline [...]
What Is Fund Accounting in PE and VC? A Beginner’s Guide
Back Contents Guide to VC What Is Fund Accounting in PE and VC? A Beginner’s Guide Published date: 17 March 2025 | 5-Min Read Private markets have grown rapidly over the past decade, with private equity (PE) and venture capital (VC) leading the charge as dominant asset classes for institutional and sophisticated investors. While the two share some similarities, their structures, strategies, and accounting needs are distinctly different. If you're new to fund finance or navigating the world of alternative investments, understanding the nuances of PE and VC accounting is [...]
What Is Fund Tax? A Beginner’s Guide
Back Contents Guide to VC What Is Fund Tax? A Beginner’s Guide Published date: 17 March 2025 | 5-Min Read In the world of alternative investments, taxation is one of the most complex and critical areas fund managers must navigate. From ensuring compliance with ever-evolving international regulations to structuring funds to be tax-efficient for investors, fund tax plays a central role in both fund operations and investor satisfaction. What Is Fund Tax? Fund tax refers to the set of rules, obligations, and processes that govern how investment funds [...]
IFRS vs. US GAAP: A Detailed Comparison
Back Contents Guide to VC IFRS vs. U.S. GAAP: A Detailed Comparison Published date: 27 January 2025 | 5-Min Read At ACE Alternatives, we work closely with European startups and investors navigating the complexities of cross-border capital flows. One of the biggest financial reporting challenges facing companies expanding internationally, particularly those seeking U.S. investment or exits, is the difference between IFRS vs. U.S. GAAP; International Financial Reporting Standards and U.S. Generally Accepted Accounting Principles. While Europe primarily adheres to IFRS, U.S. investors and acquirers operate under GAAP, creating potential hurdles [...]
Fund Administration vs. Other Financial Services: What’s the Difference?
Back Contents Guide to VC Fund Administration vs. Other Financial Services: What’s the Difference? Published date: 10 March 2025 | 5-Min Read In the complex ecosystem of investment funds, many financial roles and services overlap, but they are not the same. Understanding where fund administration ends, and other services begin is critical for fund managers, investors, and financial professionals alike. In this guide, we break down the differences between fund administration and closely related services like fund accounting, transfer agency, custody, and fund management. We'll also clarify common comparisons like [...]
Fund Administration for Venture Capital & Private Equity: Key Differences
Back Contents Guide to VC Fund Administration for Venture Capital & Private Equity: Key Differences Published date: 10 March 2025 | 5-Min Read While venture capital (VC) and private equity (PE) funds often get grouped together in the world of alternative investments, their operational needs—especially when it comes to fund administration—differ significantly. Understanding these differences is essential for fund managers, investors, and service providers alike. What Makes Venture Capital and Private Equity Different? At a high level, both VC and PE firms invest in private companies. However, their investment strategies, [...]