Gen II Fund Services Increase Assets Under Administration to Over $175 Billion

NEW YORK, Feb. 22, 2018 /PRNewswire/ — Gen II Fund Services, LLC, the largest U.S. based independent private equity fund administrator announced today that its assets under administration now exceeds $175 billion.

Gen II has grown to service over 100 private fund sponsors, administering over 2,100 fund entities and reporting to over 9,000 investors for our clients. We have also expanded our servicing capabilities beyond New York with additional client service teams in Boston, MA and San Francisco, CA. “Our singular focus on private equity fund administration, dedication to performance at the highest levels and our unmatched experience has proven to be a recipe that produces industry-best performance and client retention. We look forward in continuing to deliver service excellence to our clients,” said Steven Millner, Gen II Managing Principal.

The growth of Gen II is due in part to the market’s continued demand for a high touch model for private equity administration services. Norman Leben, Gen II Managing Principal commented, “We are grateful to our clients for their confidence and our Gen II team for their dedication, as we put tremendous efforts into ongoing training and development ensuring that our clients receive the highest quality level of service. Our continued investment into our people, process, and technology has created a foundation that has enabled us to reach this milestone.”

About Gen II Fund Services
Gen II Fund Services, LLC is the largest U.S. based independent private equity fund administrator, covering over $175B of private capital and reporting to over 9,000 LPs on behalf of our clients. Gen II offers private fund sponsors the best-in-class combination of people, process and technology, enabling GPs to most effectively manage their operational infrastructure, financial reporting and investor communications.

The Gen II team is the most experienced and longest tenured team in the private equity fund administration industry, with broad expertise across buyout, infrastructure, energy, credit, real estate, co-investment, hybrid funds, feeder funds, funds of funds, venture capital, retail and managed accounts. For more information, please visit www.gen2fund.com.

Contact:
Jeff Gendel
Principal – Business Development
Gen II Fund Services, LLC
212-408-0501
[email protected]