Articles from Gen II Fund Services, LLC

Gen II Fund Services, LLC, a leading provider of fund administration services, today unveiled its next generation AI-powered Sensr Portal.

Gen II Fund Services, LLC (“Gen II”), a leading independent private capital fund administrator, today announced that Leslie DeRoss and her specialist team have joined the firm to lead and expand the firm’s Private Credit offering. This strategic hire underscores Gen II’s continued investment in best-in-class talent and capabilities to support the increasingly complex needs of private capital managers.

Gen II Fund Services (“Gen II”), a leading global private capital fund administrator with more than $1 trillion AUA, today announced the appointment of Ray Ferranti as Head of Northeast-Client Services, to support the firm’s continued growth in key markets and strengthen client outcomes. Ferranti will oversee client services for the Northeast as a regional head, leading the firm’s New York and Boston offices and overseeing the development and delivery of Gen II’s market leading fund administration services, including fund accounting & financial reporting, to meet clients’ needs. He will report directly to Brian Bekiers, Head of US Client Service.

Gen II Fund Services, LLC (“Gen II”), a leading global private capital fund administrator, today announced the general availability of Funded, the firm’s proprietary digital subscription document platform that streamlines fund subscriptions with investor-friendly onboarding workflows.

Gen II Fund Services, LLC (“Gen II”), a premier global private capital fund administrator, is excited to announce that it is officially a certified organization under the EU-US Data Privacy Framework, maintained by the International Trade Administration within the United States Department of Commerce. Gen II’s active participation in the Data Privacy Framework program demonstrates to clients and their investors, vendors, and employees that Gen II has robust mechanisms for securely transferring personal data to the United States from the European Union (EU), United Kingdom (UK), and Switzerland. This commitment ensures data protection that aligns with strict EU, UK and Swiss legal standards in addition to our existing alignment with applicable US federal and state privacy laws and regulations.

Gen II Fund Services, LLC (“Gen II”), a leading independent private capital fund administrator, today announced the creation of its Strategic & Digital Solutions Group (the “Group”) and the appointment of Robert Caporale as Group President, effective immediately. The establishment of the Group exemplifies Gen II’s commitment to serving as a true value-added partner to its private fund sponsor clients. The Group’s offerings include Comprehensive Private Equity Fund Tax Services, Management Company Services and Digital Solutions such as Sensr®, its performance and fund analytics solution, the Gen II LP Portal and Update Capital, Gen II’s cloud-based real estate investment management platform.

Gen II Fund Services, LLC (“Gen II”), a leading independent private capital fund administrator, today announced Marlene Pelage has joined the firm as Chief Financial Officer, effective July 31.

Gen II Fund Services, LLC (“Gen II”), a leading independent private capital fund administrator, today celebrated the ribbon cutting at its new Denver office. Gen II plans to significantly build out its workforce in the Denver area to better serve its significant client base and expects professionals to be attracted to its hybrid work model and a culture focused on fostering career growth.

Gen II Fund Services, LLC (“Gen II”), a leading independent private capital fund administrator, today announced it has signed a definitive agreement to acquire Crestbridge, a preeminent European provider of private capital fund administration solutions. The transaction is expected to close in due course following customary regulatory approvals. Terms of the transaction were not disclosed.

Gen II Fund Services, LLC (“Gen II”), a leading independent private capital fund administrator, today announced it has released its Fund Administration Technology Report based on a survey conducted for Gen II by The Harris Poll. The report outlines GP and LP views on fund administration technology, automation, and reporting, and identifies an elite class of GPs who are distancing themselves from peers.

Gen II Fund Services, LLC (“Gen II”), a leading independent private capital fund administrator, announces today the successful completion of the 2022 System and Organization Controls (SOC 2), Type 2 Compliance Report.

Gen II Fund Services, LLC (“Gen II”), a leading independent private capital fund administrator, is pleased to announce the promotion of eight client service professionals to Principal. Gen II’s dedicated client service teams are led by a Principal to provide clients with world-class experience and expert guidance. Additionally, in Gen II’s Luxembourg office, Christophe Ponticello has been promoted to Country Head, and Duncan J. Christie has been promoted to Chief Operating Officer.

Gen II Fund Services, LLC (“Gen II”), a leading independent private capital fund administrator, is pleased to announce Anne-Claire Berg, Chief People and Impact Officer, has been named to the Top 50 Women Leaders of New York for 2022 by Women We Admire.

Gen II Fund Services, LLC (“Gen II”), a leading independent private capital fund administrator, today announced the appointment of Nikolaos Perros as Chief Operating Officer and Ishita Shah as Chief Commercial Officer.

Gen II Fund Services, LLC (“Gen II”), a leading independent private capital fund administrator, today announced the launch of E-Subdocs, a new digital offering that automates the private fund subscription process, significantly improving the investor experience and providing PE Fund managers with real-time information on their fundraising.

Gen II Fund Services, LLC (“Gen II”), a leading independent private capital fund administrator, today announced Michael Abatemarco will join the firm as Head of Credit, effective August 9.

Gen II Fund Services, LLC (“Gen II”), a leading independent private capital fund administrator, today announced Anne-Claire Berg will join the firm as Chief People & Impact Officer.

Gen II Fund Services, LLC (“Gen II”), a leading independent private capital fund administrator, today announced the appointment of Steven Millner as Chief Executive Officer.

Gen II Fund Services, LLC (“Gen II”), a leading independent fund administrator in the alternative investment space, today announced it has chosen NTT Ltd., a leading global technology services provider, as its managed cloud services provider to accelerate its digital transformation journey.