Gen II is a leading independent private capital fund administrator.
Gen II is a leading independent private capital fund administrator. With headquarters in New York and Luxembourg and serving a global client base, the company administers over $900 billion of private capital on behalf of its clients across more than 500 funds and their 25,000+ investors, spanning various investment strategies including Buyout, Infrastructure, Energy, Real Estate, Fund of Funds, Credit and Retail.
Gen II is a leader in the large and growing private capital fund administration market. Through a differentiated service quality supported by technology and processes, Gen II has earned its trusted partner status among clients, driving client retention, new client wins, and reputation as the acquiror of choice.
With the help of Cobepa, Gen II completed the lift-out of the U.S. fund administration operations of Aberdeen Standard Investments (ASI) in July 2019 and acquisition of Quilvest Luxembourg Services S.A. (QLS) in December 2019. With ASI, Gen II added ~$11b of AUA and a new location in Stamford, CT. QLS provides fund administration services to investors worldwide, allowing current Gen II clients the option to use Gen II for their European fund administration needs.
Gen II has continually invested in its proprietary, cloud-based technology platform that is used by both clients and Gen II. Private Equity Exchange (pex), is an integrated private equity platform that provides automated reports, calculations, and templates through integrations directly between Gen II and its clients. This investment in technology allows Gen II to provide a best-in-class experience for its clients and their LPs.
13.07.2023 / Portfolio news
Gen II to expand international presence with pending acquisition of Crestbridge
NEW YORK, NEW YORK AND ST. HELIER, JERSEY, July 12, 2023 — 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.
#GenII #acquisition #Crestbridge
14.03.2022 / Portfolio news
Gen II Fund Services Acquires Update Capital
NEW YORK and VANCOUVER, March 14, 2022 — Gen II Fund Services, LLC (“Gen II”), a leading independent fund administrator in the alternative’s investment space, today announced the acquisition of Update Capital, a leader in investment management technology solutions for the real estate asset class. Terms of the transaction were not disclosed.
#GenII #acquisition #UpdateCapital
17.12.2020 / Transaction news
Cobepa extends its partnership with Gen II Fund Services
December 15, 2020 - New York, NY; Brussels, Belgium Cobepa SA is pleased to announce it has extended its partnership with Gen II Fund Services ("Gen II" or "the company") and entered into a recapitalization of the company in conjunction with three new investors, General Atlantic, Hg and IHS Markit.
#Cobepa #invesment #genII