"Our mission is to help fund accountants better understand the private equity industry in order to work in a seamless manner with GPs and LPs and consistently exceed their expectations"
PE Accounting Insights

Who Are We?

Mariya Stefanova photo

Mariya Stefanova

Our Founder Partner Mariya Stefanova is the author of the best-selling book “Private Equity Accounting: The Global Guide” published by PEI Media in 2011 – the first and only comprehensive textbook on private equity accounting, as well as two other best-sellers – “The Definitive Guide to Carried Interest ” published by PEI Media in 2017 and “Private Equity Accounting, Investor Reporting and Beyond: Advanced Guide”, published by Financial Times Press/ Pearson in 2015.

Mariya Stefanova is the founder partner of PEAI Group, a global private equity specialist consultancy and training firm, providing specialist technical advice and training to GPs, LPs, placement agents, fund administrators and other PE service providers. Since 2015, PEAI is focusing on carried interest and fee validation for LP clients, waterfall/carried interest modelling and waterfall model review, assessment & certification for GP clients and fund administrators.

Mariya has more than fifteen years of experience in private equity accounting and investor reporting and more than eleven years of experience in training during which period she has trained thousands of fund accountants, CFOs, COOs and other senior executives on the GP, LP and the service providers side.

PEAI Group is also providing specialist PE publications such as the PEAI Private Equity Technical Journal and releases regularly our periodic PEAI Technical Newsletters.

Previously, Mariya has worked for Augentius Fund Administration LLP, a London-based premium provider of global fund administration services, Mourant International Finance Administration (now part of State Street), Patron Capital Partners, a leading opportunistic real estate manager, and Calyon, a French investment bank.


Our Partners

Lorelei Graye photo

Lorelei Graye, Partner

Lorelei Graye is an oft-cited expert and thought leader who consults some of the largest private capital market stakeholders globally on operations, LP fee verification, and reporting needs while still finding time to contribute pro bono expertise to important industry efforts and private equity participants. With the publication of a 2015 CEM study1, Lorelei’s work first reached a global audience from her home state of South Carolina, where she spearheaded the development of a first of its kind, intensive collection and validation process to capture comprehensive investment costs and carried interest across the retirement system’s portfolio. To improve GP-LP reporting, Lorelei founded the nonprofit trade organization, the Adopting Data Standards (ADS) Initiative which is an industry cross collaboration to develop and promote data standards that will allow for more efficient reporting and automation.

With a strong entrepreneurial background, Lorelei has over 20 years of business experience with degrees in finance and accounting, summa cum laude.

1Dang, Andrea CFA; Dupont, David CFA; Mike Heale. “The Time Has Come for Standardized Total Cost Disclosure for Private Equity.” http://www.cembenchmarking.com/Files/Documents/CEM_article_-_The_time_ha...


 

We use recognised industry experts and experienced practitioners as consultants to find the best solutions for you.

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What do we do?

Private Equity Accounting Insights is a private equity accounting training and consultancy firm, providing specialist training and technical advice for private equity houses, fund administrators and individual fund accountants. Some of our services are:

  • Carried Interest and Fee Validation for LPs
  • Waterfall/Carried Interest Modelling for GPs
  • Waterfall/Carried Interest Model Review, Assessment & Certification for GPs
  • Private Equity Accounting Academy – our standardised training for fund accountants, administrators and other fund staff
  • Bespoke In-house Training
  • Periodic Technical & Industry Updates
  • Resolving Technical Queries
  • Independent Reviews
  • Independent Advice
  • Complete Technical & Training Solutions
  • Carried Interest Modelling - coming in 2012
  • EVCA/BVCA Reporting - coming in 2012

Our Approach – How Do We Work?

We carefully select, from a vast database of industry experts, and put together a team of the best suited expert (lawyers, accountants, tax advisors, analysts, etc.) for your needs depending on the subject matter and the complexity of the issue, in order to provide you with the best solution.

Why Choose Us?

Because of our:

  • Vast Industry Expertise
  • Experience
  • Pragmatic Approach
  • Lateral Thinking
  • Flexibility of Our Solutions
  • We do not burden you with unnecessary administrative expenses and overheads