Fractional CFO Services for Private Equity & Investment Firms
Strategic financial leadership to institutionalize fund operations, strengthen LP reporting confidence, and improve portfolio financial visibility—without adding a full-time executive overhead layer.
Bennett Financials supports GPs and investment teams by bringing CFO-level structure to the back office: clean fund financials, dependable reporting cadence, disciplined processes around capital activity, and decision-ready visibility into fund and management company performance.
See the companies we’ve served.




Building Your Roadmap
Financial Strategy Built for Fund Operations and Investor Trust
Investment firms operate under a higher standard of precision. Small operational gaps—unclear allocations, inconsistent reporting, manual capital activity, weak documentation—create outsized consequences: LP friction, delayed closes, time lost to reconciliations, and avoidable risk in distributions and performance reporting.
We help investment firms build a CFO-grade financial operating model that supports institutional expectations. That means reliable fund financials, consistent processes around capital calls and distributions, and reporting that leadership can stand behind—so the team can stay focused on deals, portfolio support, and long-term performance.
Where Investment Firms Get Stuck (and How We Create Control)
Many firms don’t struggle because strategy is unclear—they struggle because operations don’t scale. As funds grow, complexity multiplies: more entities, more stakeholders, more capital activity, more reporting expectations, and tighter timelines. Without a defined operating rhythm, the back office becomes reactive and spreadsheet-driven.
We help create structure across the system: a clear financial calendar, standardized reporting packages, clean data flows between internal teams and external providers, and performance visibility that doesn’t require heroics every quarter. The outcome is smoother operations, stronger LP confidence, and clearer management-company economics.
How We Support Investment Firm Leadership
We serve as a strategic finance partner, helping investment teams run fund operations with clarity, consistency, and institutional-grade reporting discipline.
Fund Financial Operations & Close Discipline
We help standardize the monthly/quarterly close, establish consistent fund-level reporting, and reduce reliance on manual reconciliation and “one-off” spreadsheets.
Capital Activity Process (Calls, Distributions, Notices)
We help implement a repeatable process for capital activity—timelines, documentation, audit trail discipline, and consistent communication support so execution is reliable and defensible.
Waterfall Readiness & Distribution Accuracy Support
We support the operating discipline needed for accurate distribution mechanics by ensuring inputs, documentation, and reporting are consistent—so distribution calculations are based on clean, controlled data.
Portfolio Performance Visibility
We help leadership build a practical view into portfolio performance and fund KPIs—so reporting is decision-useful internally, not just formatted for external distribution.
A CFO Framework Focused on Institutional Operations
Our role is to strengthen the financial engine behind the fund and the management company—so operations scale cleanly and reporting confidence becomes a competitive advantage.
Core Areas of Impact
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Clean, consistent fund financial operations and reporting cadence
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Repeatable capital activity workflows with strong documentation discipline
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Clear management-company economics and planning visibility
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Portfolio performance reporting built for decision-making
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Reduced operational risk created by manual processes and fragmented data
Outcome-Oriented Perspective
When fund operations are structured, reporting becomes dependable and leadership can operate proactively. That’s what builds confidence—internally and with stakeholders—and keeps the firm focused on performance rather than back-office fire drills.
“With Arron's leadership, we grew from zero to $300K MRR. His skills in finance and strategy have been invaluable. Aaron is more than a fractional CFO; he’s a dedicated partner who safeguards our brand and supports our growth.”
Taylor Hersom
Eden Data, Chairman
Frequently Asked Questions
What does a Fractional CFO do for a private equity or investment firm?
A Fractional CFO helps an investment firm institutionalize financial operations—fund financial discipline, consistent reporting cadence, capital activity process control, and management-company visibility. The goal is reliable execution and decision-ready reporting without building a full internal finance department immediately.
How is a fund CFO different from a general business CFO?
A fund-focused CFO role centers on fund operations and investor-grade reporting expectations—close discipline, capital activity workflows, data consistency, and performance visibility across funds and the management company—rather than a single operating company’s standard budgeting and reporting needs.
Can a Fractional CFO work alongside a fund administrator?
Yes. Many firms use external administrators. A Fractional CFO complements that by strengthening internal finance leadership—creating operating rhythm, improving data quality, coordinating processes, and ensuring leadership has decision-useful visibility instead of relying solely on external outputs.
Why is LP reporting consistency such a big deal?
LP reporting is both a trust mechanism and an operational signal. Consistency reduces friction, avoids last-minute scrambles, and demonstrates institutional maturity. Firms with dependable reporting cadence typically spend less time reacting and more time investing.
How do you improve portfolio monitoring from a finance perspective?
We help define what “good visibility” looks like—standard metrics, repeatable reporting inputs, and a cadence that supports leadership decisions. This may include consolidating portfolio reporting and clarifying performance indicators used internally.
How do you support distribution accuracy without creating risk?
Accuracy depends on disciplined inputs, documentation, and repeatable process. A Fractional CFO helps ensure the underlying financial records, timing, and reporting controls are clean and consistent so calculations and communications are based on reliable data.
When should an investment firm hire a Fractional CFO?
Common triggers include launching additional funds, increasing reporting obligations, growing capital activity volume, needing better visibility into management-company economics, or feeling operational strain during quarter-end. If the back office is becoming a bottleneck, it’s usually the right time.
Case Studies
“He’s more than just a CFO—he brings creative ideas, deep experience, and valuable insights from different industries that have transformed our business.”
Daniel Passarelli
Co-Founder, RHFL
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