Gen II exceeds $175 billion in assets under administration
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Gen II exceeds $175 billion in assets under administration 23 February 2018New York Reporter: Becky Butcher
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Gen II Fund Services has revealed that its assets under administration have exceeded $175 billion.
The fund administrator now services over 100 private fund sponsors, administers over 2,100 fund entities and reports to over 9,000 investors for its clients.
The firm also expanded its presence from its New York office with additional client service teams in Boston and San Francisco.
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.”
Steven Millner, Gen II managing principal, added: “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.”
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