Strategic growth driven by sophisticated fund administration services designed to empower client alpha-generation efforts.

Gen II Fund Services, LLC (“Gen II”), a global leader in private capital fund administration, has surpassed $1.5 trillion in private capital assets under administration (AuA). This milestone reflects the firm’s market leadership and the accelerating demand for its institutional-grade expertise and comes less than three years after Gen II reached $1 trillion in private capital AuA in 2023. Since its founding in 2009, Gen II has grown to partner with over 300 premier private capital sponsors and emerging managers.

"Exceeding $1.5 trillion in AuA demonstrates the confidence leading private capital managers have in Gen II," said Steven Millner, CEO and Co-Founder of Gen II. "Our clients' top priority is performance, and we've built optimized fund administration structures that remove operational friction, empowering them to focus on alpha generation."

Strategic Leadership Appointments

To support continued expansion and navigate increasingly complex market strategies, Gen II has made several recent key leadership appointments:

• Leslie DeRoss, Head of Credit: Joined to lead the firm's private credit capabilities and support expansion into this high-growth segment.
• Beverly Shealy, Head of Waterfall Solutions: Brings more than 20 years of experience in financial technology to lead the evolution of Gen II’s investment in automated waterfall capabilities.
• Rob Hartnett, Tax Principal: Brings specialized expertise to grow the firm's integrated tax services and fund administration platform.
• Ray Ferranti, Regional Head, Northeast Client Services: Appointed to lead the Northeastern region.

Investment in Technology

Gen II continues to invest in a powerful, end-to-end technology ecosystem that transforms fund administration into a strategic advantage for investment teams:

• Funded^®: Gen II’s digital subscription platform delivering frictionless onboarding and faster capital deployment.
• Sensr^® Analytics: Offers on-demand performance visualization and fund data analysis to enable faster, smarter decision-making.
• Sensr^® Portal: An AI enabled investor platform providing full transparency into fund investments, cash flows, and performance.
• Sensr^® DataBridge: A no-code solution for seamless integration of fund data with client technology platforms, ensuring real time access to data.

About Gen II Fund Services

Gen II is a leading independent tech-enabled fund administration provider for private capital asset managers and investors. Distinguished by its bespoke service offerings and robust technological infrastructure, the company has grown to become one of the largest independent private capital fund administrators since its inception in 2009, now overseeing $1.5 trillion+ of private fund capital.

Gen II serves a full spectrum of fund managers, from emerging managers to large funds operating across multinational jurisdictions. Its transatlantic operational reach redefines excellence in the fund administration sector, enabling unparalleled service capabilities to fund managers and investors globally. The Company helps GPs navigate complex international markets and regulations while effectively managing their operational infrastructure, financial reporting, and investor communications. Gen II is powered by sophisticated proprietary technologies, including Sensr Solutions, a software suite designed to elevate fund management, analytics and investor experience. For more information, please visit gen2fund.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260224634814/en/

"Our clients' top priority is performance, and we've built optimized fund administration structures that remove operational friction, empowering them to focus on alpha generation," said Steven Millner, CEO and Co-Founder of Gen II.