Is it more common to find PE Ops roles within the funds themselves or within the portfolio companies? Specifically interested in the associate or vp level

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Fund level for sure, ops roles at portcos for you would likely be strategy & ops or chief of staff

The funds have operating partner roles (can be VP, principal, etc.). The portcos have VP of Transformation roles who “report” to the VP at the fund.

PE Ops roles as you state in your question are inherently at the fund and are generally less numerous than at the portco. Might be a semantics thing though. The VPTs aren’t usually considered PE Ops roles

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