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Resume:
Royce McGarry
*****@************.***
Professional Experience
The Blackstone Group, Inc. New York, NY
Private Equity Apr 2016 to Present
Associate
• Manage and direct workflow of 15+ analysts and consultants both in the New York office and abroad
• Automate and standardize numerous processes to drastically increase efficiency of tasks and data governance firm-wide
• Function as a data hub by liaising with investors, front and back office, and service providers ensuring seamless flow of information
• Facilitate structuring and closing of 70+ new deals with equity checks ranging from $200M to $3B across myriad industries
• Execute and track hundreds of investment cashflows annually, both investments and divestments, totaling tens of billions of dollars
• Deliver concise reports to management on a regular basis summarizing all fund & investment activity both historical & forward-looking
• Draft and deliver formal memos to investors summarizing investment activity and informing them of distributions or capital calls
• Respond directly to investor inquiries concerning investment activity, fund activity, secondary transactions, fundraising, etc.
• Satisfy hundreds of AML/KYC requests from banks, lenders and other parties as part of deal closing and portfolio company operations
• Assist launch of 6 new funds including structuring, credit facility diligence, investor onboarding and integration with Blackstone systems
• Create and maintain dynamic investment organization structure charts for over 150 portfolio companies
• Redesign & optimize templates to increase efficiency of bank wires, KYC/AML letters, structure charts, investment activity tracking, etc.
• Administer thousands of entities including funds, AIVs, aggregators, holdcos and feeders/blockers, open bank accounts as necessary
• Analyze deal legal documents to maintain custody records of portfolio companies in accordance with the SEC’s custody requirements
• Oversee both the internal and external financial audits of transaction activity for all Blackstone private equity funds Deloitte & Touche LLP New York, NY
Private Equity Audit (KKR) Jan 2015 to April 2016
Audit Associate
• Substantiated fund activities including contributions, distributions, recycled capital, waterfalls and management fees
• Recalculated totals and LP allocations for management fees, carried interest, transaction fees, monitoring fees, investments and sales
• Reviewed valuation memos to ensure cost multiples and final valuations were reasonable and properly calculated
• Aggregated activities from over 180 funds to maintain dynamic remaining commitment analytic file Financial Research Associates New York, NY
Business Valuation & Forensic Accounting May 2014 to Aug 2014 Analyst Intern
• Researched executive compensation and industry financial statistics for multiple clients and spread findings in Excel
• Compiled industry M&A transactions to determine initial estimates for business valuations ranging from $5M to $150M
• Utilized discounted cash flow and equity risk premium models to hone accuracy of initial valuation estimates
• Drafted forensic support for court proceedings involving conflicts between high net worth individuals and businesses Education
Rutgers University, Rutgers Business School New Brunswick, NJ Bachelor of Science, Accounting Sep 2012 to Jan 2015 Organizations & Leadership Experience
Rutgers Team-Up New Brunswick, NJ
Mentor Aug 2015 to Present
• Provide professional, networking and academic advice to aspiring, young businesspeople at Rutgers Business School Skills & Interests
Technical Skills: Experienced with Microsoft Office (advanced in Excel), Visio, Tableau, Salesforce Languages: Basic proficiency in Mandarin Chinese
Interests: Residential real estate management, home improvement, martial arts, saxophone, skiing, sailing
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