Carrie Youngberg

Solves business problems with creative end-to-end solutions
Streamlines and enhances financial processes while providing outstanding client satisfaction

25 years: Finance and Accounting Industry

Carrie is an experienced finance professional who has over 25 years of experience in the financial services industry working at firms, such as, Vontobel Asset Management, Morgan Stanley and Goldman Sachs. She has held various leadership roles with expertise spanning across operations, finance, project and client management. She has consistently driven process improvement and enhanced client satisfaction. Carrie has a proven track record of leading cross-functional teams, implementing strategic initiatives, and fostering strong client partnerships.

Carrie began her career at Arthur Andersen & Co. in the MS in Accounting Program where she worked and simultaneously earned a Masters in Accounting from the Stern School of Business at NYU. She earned her Bachelor’s in Economics from Smith College.

Lee Ehly, CPA

Performs fund and management accounting services
Manages comprehensive financial operations and reporting

25 years: Financial Services Industry

Lee is an experienced financial professional, who has been a CFO/controller of billion dollar-plus hedge funds, fund of funds and PE fund of funds for over 20 years. Lee possesses deep experience in all areas of accounting, audit, tax and regulatory filings for funds and management companies.
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Lee earned his bachelor's degree from Rutgers School of Business before starting his career in the audit and tax group at Rothstein Kass and the audit group at PwC. Lee is a CPA.

Dean Marinis

Performs fund and management accounting services
Manages comprehensive financial operations and reporting

20 years: Finance and Accounting Industry

Dean is an experienced finance professional who holds over 20 years of industry knowledge and expertise. Being the controller of a multi-billion dollar hedge fund he possesses an array of experience including audit, tax, regulatory filings, treasury functions, operations, and overseeing all aspects of NAV calculations.

Dean earned his bachelor's degree in business administration with a concentration in finance from Marist College.

Laura Latella

Fund and management accounting services
Manage implementation of change management directives for products and services

25 years: Asset Management and Financial Services

Laura has extensive experience in financial management, regulatory compliance, and client success strategies across diverse investment vehicles, with a particular emphasis on alternative investments. Throughout her career, Laura has effectively collaborated with key service providers, portfolio managers, and investors to address client needs and cultivate enduring relationships.

She has held significant roles, including Principal Financial Officer and Treasurer for two 40 Act Series Trusts. Laura has also contributed her expertise as a member of Due Diligence, Valuation, and Compliance Committees, and has served on the Board of Directors of Offshore Entities in Bermuda and the BVI.

Laura earned her Bachelor of Science degree in Accounting with a Minor in Psychology from The College of New Jersey and holds an MBA from Rutgers University.

John Murray, CPA

Comprehensive infrastructure and operational oversight
Management company and fund accounting services

20 years: Alternative Investment Industry

John is an experienced executive with 20 years of experience in the alternative investment industry across public accounting and private investment firms. John has held executive positions at multiple hedge funds, while leading the launch process of hedge funds. John has extensive experience across all non-investment functions of investments firms, having carried out responsibilities in recruiting, legal and compliance, trading, reporting, investor relations, accounting and operations.

John began his career at Rothstein Kass, where he served clients with various structures and investment strategies on both audit and tax engagements.

John earned his Bachelor’s degree in Accounting from the University at Albany, and is a CPA.

Steven Hershman

Fund accounting and oversight
Management company accounting and finance

23 years: Accounting and Financial Services Industry

Steven is a financial services professional who brings 20+ years of experience in fund administration, investor relations, treasury, SEC reporting and audit. Prior to joining Windstream, Steven served as a Vice President of Fund Administration and Accounting at Citco Fund Services (USA) Inc. and State Street Corporation. He has also held various other positions including Assistant Vice President of Fund Administration and Accounting at SS&C Technologies, Inc., Controller at Sage Investors, LP, and Transfer Pricing Supervisor at AllianceBernstein L.P.
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Steven began his career at Deloitte & Touche, LLP and received both his B.S. in Accounting and an MBA from Yeshiva University.

Debra Penan, CPA

Performs management companies' financial reporting, accounting, and payroll
Oversees internal controls, accounting policies, and financial procedures across clients and the firm

20 years: Finance and Accounting Industry

Debra is the CFO of Windstream, drawing on 20+ years of driving down the cost of financial operations through multi-dimensional finance expertise. Before joining Windstream, Debra was an accountant at AQR Capital Management for 18 years. She oversaw all aspects of the NAV reconciliation process, provided audit and financial statement support, and assisted with the management company’s books and records. During her tenure at AQR, she was responsible for various aspects of the firm’s accounting value chain, including fund setups, budgeting, expense management, management and performance fee calculations, and fund liquidations.

Debra is a member of the American Institute of Certified Public Accountants and the New York State Society of CPAs. Debra began her career at Goldstein Golub Kessler LLP. She graduated from Binghamton University.

Allen Jensen

Performs fund and management accounting services
Optimizing operational efficiency

18 years: Accounting and Financial Services Industry

Allen Jensen is an accomplished accounting professional with extensive experience in the Financial Services industry, specializing in alternative investments. As the Controller of Starboard Value LP, he led the accounting department during a period of remarkable growth, where assets under management surged from $200 million to $8.4 billion. His responsibilities included assisting with investor onboarding, investor relations, fund launches, and regulatory and tax compliance.

Prior to Starboard, Allen was Vice President at Cowen Inc. (formerly Ramius Capital Group), he assisted with the separation of Starboard by providing tailored investor requests, fund metric reporting, and financial statement preparation.

Allen began his career in 2006 at Citi Hedge Fund Services, where he managed a team that provided administration for hedge funds and fund of funds, ensuring accurate advanced fee structures calculations and timely investor communications.

Allen holds a Bachelor of Science in Finance from Montclair State University and has furthered his expertise through coursework at Rutgers University.

Financial Solutions

Financial systems and processes

Establish and maintain a comprehensive financial framework for your fund(s) and management company with sound internal controls.

Optimizing financial systems and processes is crucial for enhancing efficiency, reducing errors, and improving financial reporting quality. We partner with you to build your firm’s long-term financial health and success.

Fund Accounting

Administrator Oversight

Establish "four eyes" principle overseeing the fund's books & records

Financial Statement Preparation

Coordinate with fund administrator; provide financial analysis

Financial Reporting

Develop standard reporting; deliver bespoke reporting on demand

Audit Support

Coordinate annual fund audit; actively drive required schedules ("PBC's")

Management Company

Establish Books & Records

Build out chart of accounts; develop financial framework; leverage accounting software (i.e. QuickBooks)

Expense Control & Management

Develop and author expense guidelines; budgeting; variance analysis; leverage expense management software (i.e. Concur)

Financial Statement Preparation

Manage accruals; prepare financial statements; bespoke reporting; financial modeling

Accounts Payable / Accounts Receivable

Manage and process invoices; manage accruals & amortization; capital purchases

C-Suite Solutions

Financial Solutions

Operational Solutions

Compliance Solutions

Our solutions brings several advantages

Cost Efficiency

Flexibility

Strategic Insight

Meet the Team

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Carrie Youngberg

Lee Ehly, CPA

Dean Marinis

Laura Latella

John Murray, CPA

Steven Hershman

Debra Penan, CPA

Allen Jensen

Financial systems and processes

Fund Accounting

Administrator Oversight

Financial Statement Preparation

Financial Reporting

Audit Support

Management Company

Establish Books & Records

Expense Control & Management

Financial Statement Preparation

Accounts Payable / Accounts Receivable

C-Suite Solutions

Our solutions brings several advantages

Cost Efficiency

Flexibility

Strategic Insight

Meet the Team

Lee Ehly, CPA

Steven Hershman

Allen Jensen

John Murray, CPA

Debra Penan, CPA

Carrie Youngberg

Patricia Moulton

Nick Thompson

Harris Bogner

Jim Scellato

Want to learn more? Get in touch with us.

Phone

Email

Windstream Partners

Optimizing Financial Systems and Processes

We provide accounting services to management companies, oversee fund administrator activities, and ensure a fully operational internal control environment.

Reporting Framework

Fund Administration Oversight

Budgeting and Forecasting

Audit Support

Start-up Services

Effectively manage, develop and execute the infrastructure build out so you can focus your efforts on revenue producing activities

Comprehensive build-out of all functional areas spanning fund and management accounting.

Development of financial infrastructure focusing on sound internal control environment

Hiring an outsourced CFO brings several advantages

Cost Efficiency

Flexibility

Strategic Insight

Want to learn more? Get in touch with us.

Phone

Email

Windstream Partners