Gen II Fund Services

Gen II provides fund administration and related services to private capital managers. The core offering is end-to-end fund administration: fund accounting, waterfall calculations, capital calls and distributions, LP reporting and audit support, from first close through to final distribution. Alongside it sit management company accounting, tax, compliance and AIFM services, all on the firm's Sensr technology platform, with a digital subscription product for investor onboarding.

Management company work covers day-to-day financial operations, multi-currency and multi-jurisdiction accounting, entity structuring and vendor selection at set-up, and financial statements, management reports and regulatory filings delivered through customisable dashboards, with integration to third-party payroll, expense and banking platforms. Tax covers federal partnership returns, K-1 and K-3 reporting, foreign information filings, state compliance and EU cross-border returns. Compliance covers Form PF, Annex IV, FATCA and CSSF filings, AML/KYC and beneficial ownership registers with risk-based ongoing monitoring, and MLRO and MLCO coverage. Strategies supported include private equity, private credit and real estate.

The firm reports 12,000+ fund entities served, more than $2 trillion in assets under administration, 1,800+ global employees, 13+ offices worldwide and 500+ private capital clients, built over 17 years; its founders pioneered private equity administration in the mid-1990s. Its Luxembourg arm is a fully authorised AIFM offering AIFMD-compliant access to European investors, drawing on 15+ years of local presence; the firm notes that authorising a manager's own AIFM typically takes 12-18 months.

Pricing is not published anywhere on the crawled pages, and no fee basis is stated. Managers should confirm scope and fee structure, and which office would hold the relationship, before engaging.