• Perspective

    Unparalleled perspective in
    PE fund administration

  • Performance

    Rock solid operations built to perform
    for your fund

  • Scalability

    Fund administration that scales with
    your business

  • Confidence

    An experience built on trust
    and confidence

  • Technology

    A platform built for the specific
    needs of your funds

Committed to ensuring your fund is a Well-Run Fund

Gen II helps fund sponsors achieve the highest and best use of their time and resources. In our model of a Well-Run Fund, you focus on optimizing investment objectives as we deliver best in class fund administration and technologies. This ensures your investors get the timely, accurate, and transparent reporting they expect.

Download Fact Sheet

Woman walking on city sidewalk looking at mobile phone

We serve a range of sponsors

Private equity - Man in conference room

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Real Estate - City skyline from below.

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Credit - Digital stock ticker

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Funds - men and women around conference table

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Luxembourg Services

General Partners

Management Companies

Emerging Managers

Compliance

Learn more about
joining Gen II

A team that achieves

Fund Administration Experience

1+
YEARS

Fund Administration Experience

Private Fund Capital

Administering
$350B+

Private Fund Capital

Fund Entities

Servicing
100+

Fund Entities

Investors for Our Clients

Reporting to
1,000+

Investors for Our Clients

Client Retention

1%+

Client Retention

Gen II administers more $1 billion+ funds in North America than any other administrator

Source: Preqin
We work with you from launch through the full lifecycle of your investment vehicles, administering the most complex funds. Your funds are structurally and operationally unique, so we tailor our service plan to your specific needs.

Fund administration from Gen II
is a unique experience

Man in office

For you

For you

You’ll be supported by a business partner exclusively focused on private equity fund administration.

Your Client Service Principal and a dedicated team will work with you to understand your needs and expectations. Then we’ll deliver by applying best practices that we’ve developed working with PE’s largest sponsors, Limited Partners, consultants, PE/LP advocacy groups and regulatory agencies.

Woman looking out office window

For your LPs

For your LPs

From the start, investors will have confidence that your back office is institutional grade. From upfront operating due diligence to annual questionnaires, we ensure your operations stand up to the rigors of persistent investor inspection.

We’ll enable you to provide thorough, timely and transparent reporting in forms that you design for your investors. And as requirements shift, we’ll continue to evolve content in response to what investors tell you they need.

Technology enabled services

  • Integrated Services

    Integrated Services

    Gen II supports our clients across select asset classes, strategies and geographies. A specialty of our firm is providing a complete suite of services which enable Sponsors to experience greater levels of control, quality, consistency, efficiency and transparency throughout your organization. A good example of the completeness of our solution, is our ability to combine Private Equity fund administration with Management Company, General Partner and Luxembourg services.

    Learn more about our individual services by clicking on each category.

    For more information please contact us.

  • Private Equity

    Private Equity Fund Services

    We provide private equity clients with a fully customizable service plan which includes:

    • A dedicated and experienced professional team consisting of subject matter experts
    • Fund launch consultation and guidance
    • Complete fund accounting and administration
    • Investor services
    • Computation of fees, profit allocations and carried interest
    • Comprehensive financial, investor and performance reporting
    • Data analytics and integration
    • Coordination with other service providers

    For more information please contact us.

  • Real Estate

    Real Estate Fund Services

    We provide private real estate clients with a fully customizable service plan which includes:

    • A dedicated and experienced professional team consisting of subject matter experts
    • Fund launch consultation and guidance
    • Complete fund accounting and administration
    • Investor services
    • Computation of fees, profit allocations and carried interest
    • Debt covenant calculations and compliance reporting
    • Comprehensive financial, investor and performance reporting (including NCREIF reporting compliance)
    • Qualified Opportunity Zone funds, joint venture, and co-Investment partnership administration
    • Data analytics and integration
    • Coordination with other service providers

    For more information please contact us.

  • Credit Funds

    Credit Funds

    We provide private credit fund clients with a fully customizable service plan which includes:

    • A dedicated and experienced professional team consisting of subject matter experts
    • Fund launch consultation and guidance
    • Complete fund accounting and administration
    • Investor services
    • Computation of fees, profit allocations and carried Interest
    • Loan amortization
    • OID, PIK and cash interest computations
    • Comprehensive financial, investor and performance reporting
    • Data analytics and integration
    • Coordination with other service providers

    For more information please contact us.

  • Fund of Funds

    Fund of Funds

    We provide fund of funds clients with a fully customizable service plan service plan which includes:

    • A dedicated and experienced professional team consisting of subject matter experts
    • Fund launch consultation and guidance
    • Complete accounting and administration for primary and secondary funds
    • Investor services
    • Computation of fees, profit allocations and carried interest
    • Comprehensive financial, investor and performance reporting
    • Look through holdings analysis
    • Data analytics and integration
    • Coordination with other service providers

    For more information please contact us.

  • Management Companies

    Management Companies

    We provide management companies clients with a fully customizable service plan which includes:

    • New firm and fund launch consultation
    • Review of operational best practices
    • Establishment of standard operating procedures
    • Management company budgeting and forecasting
    • Management company accounting, administration and reporting
    • Bill payment and vendor maintenance
    • Expense tracking and allocation
    • Comprehensive financial and operational reporting
    • Data analytics and integration
    • Coordination with other service providers

    For more information please contact us.

  • Emerging Managers

    Emerging Managers

    Gen II has deep expertise working with emerging managers, spin out groups and first-time funds.  We have unparalleled experience with fund launches and enabling clients to evidence best-in-class operations to investors.

    Gen II’s clients leverage our deep relationships with LPs and LP consultants and our more than 25 years of experience in firm and fund formation, helping emerging managers build a strong foundation for success.

    • New firm and fund launch consultation
    • Review of operational best practices
    • Establishment of standard operating procedures
    • Operational due diligence assistance
    • Complete suite of Fund administration services
    • Management Company budgeting and forecasting
    • Management Company accounting, administration and reporting
    • Bill payment and vendor maintenance
    • Expense tracking and allocation
    • Comprehensive Financial and Operational Reporting
    • Data analytics and integration
    • Coordination with other service providers

    For more information please contact us.

  • General Partners

    General Partners

    We provide general partners clients with a fully customizable service plan which includes:

    • Consultation on organizational structure and governing documents
    • Full administration and accounting for all Sponsor entities
    • Investor services
    • Tracking and maintenance of carry plans including vesting and leverage
    • Comprehensive financial and investor reporting
    • Data analytics and integration
    • Coordination with other service providers

    For more information please contact us.

  • Luxembourg Services

    Luxembourg Services

    Gen II Luxembourg Services offers a fully customizable service plan for sponsors seeking to establish a Luxembourg-based legal entity structure.

    • Fund launch consultation and guidance
    • Domiciliation, governance, and secretarial support
    • Complete fund accounting and administration
    • Registrar and transfer agency
    • Comprehensive financial, regulatory and investor reporting
    • Regulatory/compliance support: AML/KYC, CRS, FATCA and AIFMD reporting
    • Depositary services
    • Directorship services
    • Data analytics and integration
    • Coordination with other service providers

    For more information please contact us.

  • Compliance Services

    Compliance Services

    Gen II provides the following Compliance Services:

    • Review of investor subscription agreements
    • Know your client (KYC) & Anti-money laundering services (AML)
    • Form PF reporting services
    • FATCA support and reporting services
    • CRS support and reporting services
    • Coordination with other service providers

    For more information please contact us.

Integrated Services

Gen II supports our clients across select asset classes, strategies and geographies. A specialty of our firm is providing a complete suite of services which enable Sponsors to experience greater levels of control, quality, consistency, efficiency and transparency throughout your organization. A good example of the completeness of our solution, is our ability to combine Private Equity fund administration with Management Company, General Partner and Luxembourg services.

Learn more about our individual services by clicking on each category.

For more information please contact us.

Private Equity

We provide private equity clients with a fully customizable service plan which includes:

  • A dedicated and experienced professional team consisting of subject matter experts
  • Fund launch consultation and guidance
  • Complete fund accounting and administration
  • Investor services
  • Computation of fees, profit allocations and carried interest
  • Comprehensive financial, investor and performance reporting
  • Data analytics and integration
  • Coordination with other service providers

For more information please contact us.

Real Estate

We provide private real estate clients with a fully customizable service plan which includes:

  • A dedicated and experienced professional team consisting of subject matter experts
  • Fund launch consultation and guidance
  • Complete fund accounting and administration
  • Investor services
  • Computation of fees, profit allocations and carried interest
  • Debt covenant calculations and compliance reporting
  • Comprehensive financial, investor and performance reporting (including NCREIF reporting compliance)
  • Qualified Opportunity Zone funds, joint venture, and co-Investment partnership administration
  • Data analytics and integration
  • Coordination with other service providers

For more information please contact us.

Credit Funds

We provide private credit fund clients with a fully customizable service plan which includes:

  • A dedicated and experienced professional team consisting of subject matter experts
  • Fund launch consultation and guidance
  • Complete fund accounting and administration
  • Investor services
  • Computation of fees, profit allocations and carried Interest
  • Loan amortization
  • OID, PIK and cash interest computations
  • Comprehensive financial, investor and performance reporting
  • Data analytics and integration
  • Coordination with other service providers

For more information please contact us.

Fund of Funds

We provide fund of funds clients with a fully customizable service plan service plan which includes:

  • A dedicated and experienced professional team consisting of subject matter experts
  • Fund launch consultation and guidance
  • Complete accounting and administration for primary and secondary funds
  • Investor services
  • Computation of fees, profit allocations and carried interest
  • Comprehensive financial, investor and performance reporting
  • Look through holdings analysis
  • Data analytics and integration
  • Coordination with other service providers

For more information please contact us.

Management Companies

We provide management companies clients with a fully customizable service plan which includes:

  • New firm and fund launch consultation
  • Review of operational best practices
  • Establishment of standard operating procedures
  • Management company budgeting and forecasting
  • Management company accounting, administration and reporting
  • Bill payment and vendor maintenance
  • Expense tracking and allocation
  • Comprehensive financial and operational reporting
  • Data analytics and integration
  • Coordination with other service providers

For more information please contact us.

Emerging Managers

Gen II has deep expertise working with emerging managers, spin out groups and first-time funds. We have unparalleled experience with fund launches and enabling clients to evidence best-in-class operations to investors.

Gen II’s clients leverage our deep relationships with LPs and LP consultants and our more than 25 years of experience in firm and fund formation, helping emerging managers build a strong foundation for success.

  • New firm and fund launch consultation
  • Review of operational best practices
  • Establishment of standard operating procedures
  • Operational due diligence assistance
  • Complete suite of Fund administration services
  • Management Company budgeting and forecasting
  • Management Company accounting, administration and reporting
  • Bill payment and vendor maintenance
  • Expense tracking and allocation
  • Comprehensive Financial and Operational Reporting
  • Data analytics and integration
  • Coordination with other service providers

For more information please contact us.

General Partners

We provide general partners clients with a fully customizable service plan which includes:

  • Consultation on organizational structure and governing documents
  • Full administration and accounting for all Sponsor entities
  • Investor services
  • Tracking and maintenance of carry plans including vesting and leverage
  • Comprehensive financial and investor reporting
  • Data analytics and integration
  • Coordination with other service providers

For more information please contact us.

Luxembourg Services

Gen II Luxembourg Services offers a fully customizable service plan for sponsors seeking to establish a Luxembourg-based legal entity structure.

  • Fund launch consultation and guidance
  • Domiciliation, governance, and secretarial support
  • Complete fund accounting and administration
  • Registrar and transfer agency
  • Comprehensive financial, regulatory and investor reporting
  • Regulatory/compliance support: AML/KYC, CRS, FATCA and AIFMD reporting
  • Depositary services
  • Directorship services
  • Data analytics and integration
  • Coordination with other service providers

For more information please contact us.

Compliance Services

Gen II provides the following Compliance Services:

  • Review of investor subscription agreements
  • Know your client (KYC) & Anti-money laundering services (AML)
  • Form PF reporting services
  • FATCA support and reporting services
  • CRS support and reporting services
  • Coordination with other service providers

For more information please contact us.

The Gen II team is the longest-tenured, most experienced team in the fund administration industry. Our senior management team has more than 25 years of experience and founded the industry’s first firm focused exclusively on private equity fund administration. Our dedicated client service teams, led by a Principal with an average of 15 years of fund administration experience, provide our clients with world class service and expert guidance.

Accounting & Finance Degrees

80%+

Accounting & Finance Degrees

U.S.-Based Staff

420+

U.S.-Based Staff

Europe-Based Staff

75+

Europe-Based Staff

When individuals grow, our firm grows

Not even the finest schools teach PE fund administration. But we do. Gen II develops fund services professionals from the ground up, helping them gain the skills and confidence to make significant contributions to our clients and our firm.

In addition to learning by doing, we provide curricula on an array of topics from fulfilling client requests to role transition and presentation skills. All presented in a supportive culture of ongoing feedback and coaching.

People taking notes at business meeting

Meet our leadership

Norman Leben
Managing Principal

Steven Millner
Managing Principal

Steven Alecia
Chief Client Officer

Spotlight On

Tania Mavronas

Principal, Client Service

Tania Mavronas is a Principal of Gen II Fund Services, LLC. Tania has over twenty (20) years of experience in private equity and real estate industries. Tania has been with Gen II since its inception and is responsible for managing client engagements, fund audits, overseeing client deliverables, and reporting requirements.

Tania has extensive knowledge of Private Equity fund reporting, investment accounting, complex fund structures and partner allocations, as well as real estate investment and property management accounting. Tania has spent over thirteen (13) years providing accounting and reporting services for Infrastructure related funds, General Partners, Co-Investment Funds, and related entities. Prior to joining Gen II, Tania was a Vice President at Citi Private Equity Services, Inc., servicing numerous private equity funds with over $4 billion of committed capital. Tania graduated, with honors, from Pace University where she earned a Bachelor of Business Administration in Public Accounting as well a Masters of Science in Investment Management.

  • Management Team

    Ian Cameron
    Chief Operating Officer

    Phil Bruno
    Chief Financial Officer

    Raj Gidvani
    Chief Technology Officer

    Thomas Ségal
    General Counsel

    Elise Silverman
    Chief Human Resources Officer

    Robert Caporale
    Head of Strategic Business Development

  • U.S. Team

    Ben Bichacho
    Principal - Client Service

    Shaun Buckley
    Principal - Client Service

    Nancy Chiu
    Principal - Client Service

    Alex Diel
    Principal - Client Service

    Yuliana Gekhel
    Principal - Client Service

    Jeff Gendel
    Principal - Business Development

    Jamie Hadfield
    Principal - Technology

    Ariel Jorge
    Principal - Client Service

    Gene Kaplan
    Principal - Client Service

    Amber Koiner
    Principal - Client Service

    Tania Mavronas
    Principal - Client Service

    Kevin Mahnken
    Principal - Client Service

    Bryan Rakestraw
    Principal - Client Service

    Peter Rosenstein
    Principal - Operations

    Jonathan Schoenfeld
    Principal - Client Service

    Michael Tesoro
    Principal - Client Service

    Mark Toby
    Principal - Client Service

    Merryn Rosewall
    Principal – Quality Control

  • Luxembourg Team

    Sundhevy Debrand
    Chief Compliance Officer

    Xavier Duhem
    Head of Depositary Services

    Julie Makhlouf
    Head of Client Services

    Rachel McCorduck
    Chief People Officer

    Christophe Ponticello
    Chief Operating Officer

    Paul Rosaci
    Director – Operations Development

    Thomas Ségal
    General Counsel

    Derek Wilson
    Client Services Senior Manager

Right from the start, Gen II operations and delivery have been entirely cloud-based. We built a fully integrated purpose-built Private Equity platform. We call it private equity exchange “pex”. We ingest vast arrays of disparate data, use automation to normalize it, then slice, sort and report it with seamless reporting and the ability to integrate with your systems.

Reporting & analytics that you design

You define the
data dimensions

businessmen shaking hands

Our platform is an accounting system and database in one, enabling us to customize reporting and analytics to your requirements.

We program,
secure and report it

people in front of computers

Our team builds reporting and analytical micro-systems on the power of our data mart.

You use it in the
form best for you

man at desk checking mobile phone

You consume your data, reports and analytics how, when and where you choose.

Full featured, fully compliant

Our private equity exchange platform (pex) includes a suite of market-leading IaaS, PaaS and SaaS components blended into a powerful, ready, and compliant environment.

Cloud-Based Platforms
Mobile Access
On-Demand Access
Artificial Intelligence Machine Learning
Modular Architecture
Secure Data Encryption
ILPA Template Compliant
NIST-SEC Cybersecurity Compliant
Compliant

Purpose-built applications

You’ll have access to a suite of proprietary applications and analytics tools that take fund administration to new levels of sophistication.

finger pointing to spreadsheet on monitor
Data Ingestion

Brings together disparate data arrays from both new and traditional sources.

SensrTM

Powerful data and analytics engine that brings your performance data to life.

Waterfall Engine

Frees your economic allocations from the limits of Excel.

Credit Calculator

Built to account for, calculate and track the nuances of private credit.

  • United States

  • Luxembourg

Gen II Fund Services, LLC
Attn: Talent Acquisition
805 Third Avenue, 24th Floor
New York, New York 10022
212-408-0550
talentacquisition@gen2fund.com

Gen II Luxembourg Services S.a.r.l
Attn: Human Resources
3 Boulevard Royal
Luxembourg, L-2449
hrmanagement@gen2fund.lu

Our culture celebrates leadership, entrepreneurial spirit, innovation, and the highest commitment to client service. If you’re beginning your career, re-entering the workforce or an experienced professional looking for a change, Gen II might just be the right place for you.

We’re looking for achievers like you

  • Accounting Applications Trainer – New York, NY

    New York City based Private Equity Fund Administration Firm is looking for an Associate Director – Accounting Applications Trainer to develop and deliver technical training and facilitate the usage of new technology across the Firm.

    Primary Responsibilities Will Include:

    • Deliver training to existing and new hires on proprietary accounting applications
    • Conduct seminars, workshops, and individual training sessions, both live and virtual
    • Test new application enhancements for implementation release
    • Able to navigate technology with ease
    • Work across functions to understand training needs and able to anticipate technical opportunities
    • Able to interface effectively across all management levels
    • Assist with communicating system enhancement needs of Client Service team to Technology Development
    • Support the continued advancement of system utilization within the Client Service teams
    • Act as a liaison and key communication facilitator between the Client Service teams and the Technology development team
    • Propose and implement training solutions to help teams transition to new technology

    Job Requirements, Skills, Education and Experience:

    • Bachelor’s degree in Accounting - Public/Private CPA Preferred
    • 5+ years of Private Equity Fund/Investment Company Accounting & Reporting experience
    • Sound knowledge of Investment Company Accounting, Fund Structure (Corporate, Partnership, Tax Blockers, etc. within an Organization Chart)
    • Sufficient knowledge and hands on experience with governing documents, such as LPAs, Mgmt. Advisory Agreements, Side Letters, Separate Fee agreements, etc.
    • Excellent facilitation skills, prior experience training a plus
    • Hands on experience accounting/audit of private equity funds (including blockers, Parallel, SPV, AIV, Co-Investment Vehicles) management companies, and other related vehicles
    • Excellent verbal, written and interpersonal communication skills
    • Superior problem solving, judgment and decision making skills
    • Ability to think independently, prioritize, multi-task and meet deadlines
    • Extensive Microsoft suite skills - Excel (pivots), Word, PowerPoint and Outlook
    • Willingness to travel as needed

    About The Company:
    Gen II Fund Services, LLC is one of the largest global independent private equity fund administrators, administering over $400 billion of private capital on behalf of its clients with offices in New York, San Francisco, Boston, Stamford, Dallas, and Luxembourg. Gen II offers private fund sponsors a best-in-class combination of people, process, and technology, enabling fund sponsors to most effectively manage their operational infrastructure, financial reporting, and investor communications. The Gen II team is the most experienced and longest tenured team in the private equity fund administration industry, with broad expertise across buyout, funds of funds, real estate, energy, infrastructure, credit, co-investment, hybrid funds, feeder funds, venture capital, retail, and managed accounts.

    Key Facts:

    • Administering over $400B in assets
    • Servicing nearly every significant investor in the asset class
    • Institutional grade infrastructure and SSAE 18 (SOC-1, Type 2) certification, ensuring confidence in our processes and operating model
    • The most experienced and best performing team in the industry

    All applicants applying to Gen II Fund Services, LLC must be legally authorized to work in the United States.

    APPLY

  • Private Equity Accounting Senior Fund Accountant, Onboardings & Transitions – New York, NY

    New York City based Private Equity Fund Administration Firm is looking for a Senior Fund Accountant will be working on Client Onboarding and Transition Team and will not have direct client responsibilities.

    Primary Responsibilities Will Include:

    • Guide/ instruct Client Service Teams throughout the onboarding process to ensure that Gen II’s automated reporting system is utilized
    • Read relevant sections of the Fund Governing Agreement and help with allocations and waterfall models
    • Examine and analyze historic accounting records to assess accuracy and completeness.
    • Review mapping files to ensure all accounts from client’s historic books are mapped correctly to Gen II’s chart of accounts and transaction types
    • Perform extensive checks to upload templates confirming that the data ties to client’s last reported Financial Statements and Partner’s Capital Statements
    • Liaise with Gen II’s IT, Reporting and Development teams to create client specific reports that are needed
    • Attend weekly internal onboarding/transition calls to provide updates and walk-through open items
    • Train new employees on onboarding/transition procedures and requirements
    • Evaluate new technology
    • Document new processes
    • Educate Client Service Teams

    Job Requirements, Skills, Education and Experience:

    • Bachelor’s degree in Accountancy
    • Must have 2+ years of experience in a private equity or hedge fund accounting position
    • Experience with multiple alternative client’s is preferred

    About The Company:

    Gen II Fund Services, LLC is one of the largest global independent private equity fund administrators, administering over
    $400 billion of private capital on behalf of its clients with offices in New York, San Francisco, Boston, Stamford, Dallas, and Luxembourg. Gen II offers private fund sponsors a best-in-class combination of people, process, and technology, enabling fund sponsors to most effectively manage their operational infrastructure, financial reporting, and investor communications. The Gen II team is the most experienced and longest tenured team in the private equity fund administration industry, with broad expertise across buyout, funds of funds, real estate, energy, infrastructure, credit, co-investment, hybrid funds, feeder funds, venture capital, retail, and managed accounts.

    Key Facts:

    • Administering over $400B in assets
    • Servicing nearly every significant investor in the asset class
    • Institutional grade infrastructure and SSAE 18 (SOC-1, Type 2) certification, ensuring confidence in our processes and operating model
    • The most experienced and best performing team in the industry

    All applicants applying to Gen II Fund Services, LLC must be legally authorized to work in the United States.

    APPLY

  • Private Equity Accounting Director – New York, NY

    New York City based Private Equity Fund Administration Firm is looking for a Director to manage Private Equity funds.

    Primary Responsibilities Will Include:

    • Direct the day-to-day accounting and fund administration for multiple investment sponsors
    • Extensive hands on involvement in preparing and reviewing work papers, investments, accruals, financial statements with footnotes and investor allocations
    • Heavy client interaction on a daily basis
    • Frequent communication with clients at executive level
    • Maintain working relationship with all client contacts, auditors, lawyers and banking personnel
    • Lead, direct, and coach team of staff Accountants at several levels
    • Oversee and provide guidance on the initial set up of the Clients Funds deliverables (capital calls, distributions, financial statements, waterfalls, IRRs) and perform thorough, in-depth review and sign off prior to Managing Director review
    • Manage special projects, when required

    Job Requirements, Skills, Education and Experience:

    • 7+ years of fund accounting experience in either a Private Equity Fund, Private Equity Fund Administrator, or other financial institution where the candidate has gained financial products knowledge
    • 5+ years of supervisory experience
    • Bachelor’s degree in Accounting, Finance, or Economics
    • Advanced Mezzanine/Credit/Loan Origination investment experience preferred
    • Comfortable with PIK/OID calculations
    • Advanced experience in preparing capital calls and distributions including complicated waterfall models
    • Very comfortable in understanding and navigating through Partnership Agreements, legal documents and Investment Agreements
    • Advanced knowledge of types of Reporting for Investment Funds / Investment Companies and Investors in US GAAP
    • Strong written and verbal communication skills
    • Technical Knowledge and Business Acumen
    • Ability to learn on-the-job quickly, apply learning to clients and recommend solutions to issues
    • Ability to quickly adapt to changes in processes and procedures in a rapidly changing environment
    • Excellent verbal, written and interpersonal communication skills
    • Strong attention to detail and accuracy
    • Superior problem solving, judgement and decision-making skills
    • Ability to think independently, prioritize, multi-task and meet deadlines
    • Extensive Microsoft suite skills - Excel (pivots), Word, PowerPoint, and Outlook
    • Strong leadership skills and management skills

    About The Company:

    Gen II Fund Services, LLC is one of the largest global independent private equity fund administrators, administering over $400 billion of private capital on behalf of its clients with offices in New York, San Francisco, Boston, Stamford, Dallas, and Luxembourg. Gen II offers private fund sponsors a best-in-class combination of people, process, and technology, enabling fund sponsors to most effectively manage their operational infrastructure, financial reporting, and investor communications. The Gen II team is the most experienced and longest tenured team in the private equity fund administration industry, with broad expertise across buyout, funds of funds, real estate, energy, infrastructure, credit, co-investment, hybrid funds, feeder funds, venture capital, retail, and managed accounts.

    Key Facts:

    • Administering over $400B in assets
    • Servicing nearly every significant investor in the asset class
    • Institutional grade infrastructure and SSAE 18 (SOC-1, Type 2) certification, ensuring confidence in our processes and operating model
    • The most experienced and best performing team in the industry

    All applicants applying to Gen II Fund Services, LLC must be legally authorized to work in the United States.

    APPLY

  • Accounting and Operations Officer

    THE COMPANY

    Gen II Fund Services is one of the largest global independent private equity fund administrators covering $350 billion of private capital on behalf of its clients. The business has over 500 employees with offices in New York, Stanford, Boston, San Francisco and Dallas in the United States and now a European base through the Luxembourg office.

    The Gen II team is the most experienced and longest tenured team in the private equity fund administration industry, with broad expertise across buyout, funds of funds, real estate, energy, infrastructure, credit, co-investment, hybrid funds, feeder funds, venture capital, retail and managed accounts.

    THE LUXEMBOURG BUSINESS

    In December 2019 Gen II completed the acquisition of Quilvest Luxembourg Services, with Quilvest Private Equity remaining as a client of the newly established Gen II Luxembourg Services. The business offers Private Equity and Real Estate administration services, supporting over $5 Billion of assets and providing Gen II US clients with the capability to have a Luxembourg base of operations and trusted partner in Europe.

    SPECIFIC RESPONSIBILITIES

    Primary responsibilities:

    • Perform daily cash reconciliations, ensuring transactions are settled in a timely manner
    • Book daily transactions in the internal accounting system within agreed portfolio timescales
    • Monitor and manage outstanding / overdue payments
    • Ensure all supporting documentation is received and filed as per internal procedures
    • Prepare, book and send capital calls and distributions to investors (including the preparation of legal documentation)
    • Collect, process and control capital calls and distributions received from target investments
    • Collect, analyze and reconcile target capital account information
    • Prepare payments by verifying documentation and requesting disbursements
    • Liaise with external providers to provide documents supporting the preparation of tax returns (CIT, MBT, NTW and VAT)
    • Provide any information requested by internal teams or clients promptly and smoothly
    • Other day-to-day administrative tasks as required

    Advanced responsibilities:

    • Assist senior team members in annual, semi-annual and quarterly closing activities, preparation of the NAV in accordance with waterfall models, including reconciliation of balance sheet and profit & loss accounts
    • Prepare annual accounts for basic funds including relevant required disclosures and ensure that all local regulatory and accounting standards are met.Preparation of any required adjustments between Luxembourg GAAP and IFRS or US GAAP
    • Assist with year-end audits including preparation of relevant files and issue resolution
    • Preparation of the consolidation package for internal group reporting
    • Ensure Quilvest Luxembourg Services S.A. best practices and key policies are applied, and any significant issues are brought to the mangers attention

    REQUIRED SKILLS

    • BAC+3 in accounting, finance or a similar recognized accountancy qualification
    • Good knowledge of Luxembourg corporate laws and structures, any specific PERE sector knowledge (e.g. SOPARFI, SICAR, SIF, RAIF, SLP) is considered an asset

    EDUCATION AND EXPERIENCE

    • Excellent interpersonal and communication skills, including contributing to and being part of a strong team spirit
    • Result-orientated with a sense of responsibility and commitment to delivering quality work
    • Ability to work autonomously, taking full ownership of assigned responsibilities
    • Excellent organizational skills complemented by a “can do” attitude
    • Fluent in English (verbal and written communication), any other language is considered an asset
    • Competency in Microsoft Word, Excel and Outlook, any knowledge of eFront would be an advantage

  • Accounting and Operations Analyst

    THE COMPANY

    Gen II Fund Services is one of the largest global independent private equity fund administrators covering $350 billion of private capital on behalf of its clients. The business has over 500 employees with offices in New York, Stanford, Boston, San Francisco and Dallas in the United States and now a European base through the Luxembourg office.

    The Gen II team is the most experienced and longest tenured team in the private equity fund administration industry, with broad expertise across buyout, funds of funds, real estate, energy, infrastructure, credit, co-investment, hybrid funds, feeder funds, venture capital, retail and managed accounts.

    THE LUXEMBOURG BUSINESS

    In December 2019 Gen II completed the acquisition of Quilvest Luxembourg Services, with Quilvest Private Equity remaining as a client of the newly established Gen II Luxembourg Services. The business offers Private Equity and Real Estate administration services, supporting over $5 Billion of assets and providing Gen II US clients with the capability to have a Luxembourg base of operations and trusted partner in Europe.

    SPECIFIC RESPONSIBILITIES

    • Perform daily cash reconciliations, ensuring transactions are settled in a timely manner
    • Book daily transactions in the internal accounting system within agreed portfolio timescales
    • Monitor and manage outstanding / overdue payments
    • Ensure all supporting documentation is received and filed as per internal procedures
    • Prepare, book and send capital calls and distributions to investors (including the preparation of legal documentation)
    • Collect, process and control capital calls and distributions received from target investments
    • Collect, analyze and reconcile target capital account information
    • Prepare payments by verifying documentation and requesting disbursements
    • Liaise with external providers to provide documents supporting the preparation of tax returns (CIT, MBT, NTW and VAT)
    • Provide any information requested by internal teams or clients promptly and smoothly
    • Other day-to-day administrative tasks as required

    REQUIRED SKILLS

    • BAC+3 in accounting, finance or a similar recognized accountancy qualification
    • Some knowledge of Luxembourg corporate laws and structures, any specific PERE sector knowledge (e.g. SOPARFI, SICAR, SIF, RAIF, SLP) is considered an asset

    EDUCATION AND EXPERIENCE

    • Excellent interpersonal and communication skills, including contributing to and being part of a strong team spirit
    • Result-orientated with a sense of responsibility and commitment to delivering quality work
    • Ability to work autonomously, taking full ownership of assigned responsibilities
    • Excellent organizational skills complemented by a “can do” attitude
    • Fluent in English (verbal and written communication), any other language is considered an asset
    • Competency in Microsoft Word, Excel and Outlook, any knowledge of eFront would be an advantage

  • eFront/BI analyst

    THE COMPANY

    Gen II Fund Services is one of the largest global independent private equity fund administrators covering $300 billion of private capital on behalf of its clients. The business has over 400 employees with offices in New York, Stanford, Boston, San Francisco and Dallas in the United States and now a European base through the Luxembourg office.

    The Gen II team is the most experienced and longest tenured team in the private equity fund administration industry, with broad expertise across buyout, funds of funds, real estate, energy, infrastructure, credit, co-investment, hybrid funds, feeder funds, venture capital, retail and managed accounts.

    THE LUXEMBOURG BUSINESS

    In December 2019, Gen II completed the acquisition of Quilvest Luxembourg Services, with Quilvest Private Equity remaining as a client of the newly established Gen II Luxembourg Services. The business offers Private Equity and Real Estate administration services, supporting over $5 Billion of assets and providing Gen II US clients with the capability to have a Luxembourg base of operations and trusted partner in Europe.

    THE ROLE

    This is an exciting opportunity to be involved in the established Luxembourg entity and become a key member of our team further developing the business. The role sits within the IT Team, which currently consists of three analysts reporting to the local CTO.

    As a Senior Officer, you will be mainly focused on the maintenance, the improvement and the integration of the eFront reporting framework. You will be liaising with the business, the internal developers and third parties consultant to oversight, prioritise and deliver reporting projects.

    EXAMPLE YEAR ONE OBJECTIVES

    • Maintain data interfaces between eFront and satellites applications D.KYC, Plexus-MDE, Treasury Management System(s)
    • Produce reporting deliverables in accordance to business and/or Regulatory requirements.
    • Oversee the payment and reconciliation platform and improve its efficiency.
    • Work closely to the business to collect needs and assist in the writing of the business requirements.

    SPECIFIC RESPONSIBILITIES

    • Manage and develop application interfaces, Analyse, Understand and formalise business needs in terms of reporting and dashboarding
    • Develop complex reports based on all eFront reporting technologies (FrontReport, FrontDashboard, FrontExcel)
    • Ensure user satisfaction on all reporting related subjects
    • Responsible of configuration design to ensure reports feasibility, optimize development effectiveness and report performance.
    • Train internal users on various reporting / BI technologies
    • Back up the current application administration team in day to day support/development activities.
    • Coordinate and supervise external BI consultants on report development
    • Take the lead on some internal projects

    JOB REQUIREMENTS AND EDUCATION

    • Master degree in computer science or IT
    • You are fluent in written and spoken English and French. You are able to participate actively in English and French meetings
    • You understand data management-related issues in a company
    • At least 4-6+ years of work experience with a focus on business intelligence, data management and reporting
    • Strong Excel and VBA macros skills

    SKILLS AND COMPETENCIES

    • Excellent interpersonal and communication skills, including contributing to and being part of a strong team spirit
    • Ability to work autonomously, taking full ownership of assigned responsibilities with a commitment to delivering quality work
    • Excellent organizational skills complemented by a “can do” attitude
    • Ability to meet tight deadlines and to work under pressure
    • Ability to analyse and apply a large volume of technical data, and translate into simple language for a non-specialist audience
    • eFront reporting knowledge, including, but not limited to : frontReport, frontScript, frontExcel, frontDWH
    • Proven expertise in of eFront on Dashboards & Queries, Custom Server, Custom Screens and Access Rights.
    • Database expertise, preferably on MsSql and supporting languages PL-SQL/Transact-SQL
    • Knowledge of other PERE administration platform/Accounting software/BI is an asset.
    • Highly skilled on data extraction, manipulation and report formatting (ETL)
    • Strong attention to detail with clear ability to understand technical documentation and create appropriate reports is a must.
    • Result Oriented, Self-starter, highly motivated, flexible, proactive and able to work independently
    • Ability to adapt quickly in a new and fast-pace environment

  • Private Equity Accounting Fund Accountant – Boston, MA

    Fund Accountant will be responsible for providing accounting services including preparation and processing of transactions and financial statements with supporting schedules and work papers.

    Primary Responsibilities Will Include:

    • Cash processing and bank reconciliations
    • Record journal entries
    • Maintain general ledger
    • Prepare and set up workpapers and checklists
    • Prepare financial statements and footnotes
    • Prepare partner capital account information
    • Investor capital call/ distribution processing
    • Liaise with the client’s independent auditors

    Job Requirements, Skills, Education and Experience:

    • Bachelor’s degree in Accounting preferred; will consider business, mathematics, and other related majors with a strong interest in accounting
    • Minimum GPA of 3.3

    About The Company:

    Gen II Fund Services, LLC is one of the largest global independent private equity fund administrators, administering over $400 billion of private capital on behalf of its clients with offices in New York, San Francisco, Boston, Stamford, Dallas, and Luxembourg. Gen II offers private fund sponsors a best-in-class combination of people, process, and technology, enabling fund sponsors to most effectively manage their operational infrastructure, financial reporting, and investor communications. The Gen II team is the most experienced and longest tenured team in the private equity fund administration industry, with broad expertise across buyout, funds of funds, real estate, energy, infrastructure, credit, co-investment, hybrid funds, feeder funds, venture capital, retail, and managed accounts.

    Key Facts:

    • Administering over $400B in assets
    • Servicing nearly every significant investor in the asset class
    • Institutional grade infrastructure and SSAE 18 (SOC-1, Type 2) certification, ensuring confidence in our processes and operating model
    • The most experienced and best performing team in the industry

    All applicants applying to Gen II Fund Services, LLC must be legally authorized to work in the United States.

    APPLY

  • Private Equity Accounting Senior Fund Accountant – New York, NY

    Senior Fund Accountant will be responsible for providing accounting services including preparation and processing of transactions and financial statements with supporting schedules and work papers.

    Primary Responsibilities Will Include:

    • Examine and analyze accounting records to assess accuracy, completeness, and conformance to reporting standards
    • Review work-papers, prepare call and distribution letters, calculate carried interest, and allocate profits and losses in accordance with Fund Governing Agreement with special allocations for blocked or tax-exempt Partners
    • Prepare Consolidated Financial Statements with footnotes
    • Analyze investment documents and properly set up investment structures including holding companies, AIV’s and blockers
    • Calculate current and deferred tax expense/benefit and related deferred tax assets/liabilities
    • Train new employees and assist with new fund transition and/or set up

    Job Requirements, Skills, Education and Experience:

    • Bachelor’s degree in Accountancy
    • Must have working knowledge of consolidations with non-controlling interest
    • Must have working knowledge of realized and unrealized waterfall allocations
    • Must have 2+ years of experience in a private equity fund accounting position

    About The Company:

    Gen II Fund Services, LLC is one of the largest global independent private equity fund administrators, administering over $400 billion of private capital on behalf of its clients with offices in New York, San Francisco, Boston, Stamford, Dallas, and Luxembourg. Gen II offers private fund sponsors a best-in-class combination of people, process, and technology, enabling fund sponsors to most effectively manage their operational infrastructure, financial reporting, and investor communications. The Gen II team is the most experienced and longest tenured team in the private equity fund administration industry, with broad expertise across buyout, funds of funds, real estate, energy, infrastructure, credit, co-investment, hybrid funds, feeder funds, venture capital, retail, and managed accounts.

    Key Facts:

    • Administering over $400B in assets
    • Servicing nearly every significant investor in the asset class
    • Institutional grade infrastructure and SSAE 18 (SOC-1, Type 2) certification, ensuring confidence in our processes and operating model
    • The most experienced and best performing team in the industry

    All applicants applying to Gen II Fund Services, LLC must be legally authorized to work in the United States.

    APPLY

  • Private Equity Accounting Fund Accountant – New York, NY

    Fund Accountant will be responsible for providing accounting services including preparation and processing of transactions and financial statements with supporting schedules and work papers.

    Primary Responsibilities Will Include:

    • Cash processing and bank reconciliations
    • Record journal entries
    • Maintain general ledger
    • Prepare and set up workpapers and checklists
    • Prepare financial statements and footnotes
    • Prepare partner capital account information
    • Investor capital call/distribution processing
    • Liaise with the client’s independent auditors

    Job Requirements, Skills, Education and Experience:

    • Bachelor’s degree in Accounting required
    • Minimum GPA of 3.3

    About The Company:

    Gen II Fund Services, LLC is one of the largest global independent private equity fund administrators, administering over $400 billion of private capital on behalf of its clients with offices in New York, San Francisco, Boston, Stamford, Dallas, and Luxembourg. Gen II offers private fund sponsors a best-in-class combination of people, process, and technology, enabling fund sponsors to most effectively manage their operational infrastructure, financial reporting, and investor communications. The Gen II team is the most experienced and longest tenured team in the private equity fund administration industry, with broad expertise across buyout, funds of funds, real estate, energy, infrastructure, credit, co-investment, hybrid funds, feeder funds, venture capital, retail, and managed accounts.

    Key Facts:

    • Administering over $400B in assets
    • Servicing nearly every significant investor in the asset class
    • Institutional grade infrastructure and SSAE 18 (SOC-1, Type 2) certification, ensuring confidence in our processes and operating model
    • The most experienced and best performing team in the industry

    All applicants applying to Gen II Fund Services, LLC must be legally authorized to work in the United States.

    APPLY

  • Private Equity Accounting Quality Control Associate Director – New York, NY

    NYC based firm is looking for an Associate Director for our Quality Control and Accounting Group within Fund Accounting Administration.

    Primary Responsibilities Will Include:

    Quality Control - Private Equity Funds Administration- Client Deliverables

    •  Work closely with the Principal, Managing Director and Director of Quality Control Department (“QC Manager”)
    • Help manage and perform the daily workflow for the QC team, based upon the complexity of the underlying work
    • Communicate progress, issues and status of reviews to the Client Service Teams (“CSTs”) and work closely with stakeholders to manage expectations and ensure review deadlines are met. Escalate issues as needed
    • Support and coach other QC team members during the first level review of deliverables
    • Conduct initial reviews for higher risk and/or more complex deliverables
    • Assist the QC Manager with the review of key fund economics and organizational structure for new clients as outlined in the limited partnership agreements, management company agreements, organizational charts, side letter agreements and other related governing documents
    • Identify and proactively raise accounting and reporting concerns determined during the review process with the QC Manager and CSTs
    • Propose resolutions and provide accounting guidance, best practices and examples to the CSTs
    • Maintain the QC client control database for accuracy and completeness.

    Additional Responsibilities:

    •  Conduct research of technical accounting and industry updates, new accounting pronouncements and market trends
    • Contribute to the preparation and issuance of a firm wide bulletin with the latest accounting and regulatory updates
    • Assist in the preparation and presentation of technical training to the firm
    • Assist in the review, analysis and presentation of QC review data
    • Other project/administration related work for the QC Department as needed.

    Job Requirements, Skills, Education and Experience:

    • Bachelor’s degree in Accounting – public/private experience and CPA Preferred.  IFRS knowledge beneficial
    • 5+ years of relevant private equity fund/private equity fund-of-fund/investment company accounting and reporting experience
    • Hands on experience in accounting/audit of private equity funds (including blockers, splitters, parallel vehicles, SPVs, AIVs, co-investment vehicles), private equity fund-of-funds, management companies, and other related vehicles.
    • Sound knowledge of investment company accounting under ASC946 (including financial reporting for investment funds / fund-of-funds / investment companies and investors), private equity fund economics (waterfalls and allocations), fund structures (corporate, partnership, tax blockers, etc.)
    • Ability to interpret and apply the key provisions of fund governing documents (eg LPAs, mgmt. advisory agreements, side letters, separate fee agreements etc)
    • Ability to learn on-the-job quickly and apply the experience to resolve problems
    • Ability to adapt to changes in processes and procedures in a rapidly changing environment
    • Excellent verbal, written and interpersonal communication skills.
    • Strong attention to detail (identifies inaccuracies); ability to problem solve.
    • Ability to think independently, prioritize, multi-task and meet deadlines.
    • Strong with Microsoft suite (Excel, Work, Power-point, Outlook, and Others).

    About The Company:

    Gen II Fund Services, LLC is one of the largest global independent private equity fund administrators, administering over $400 billion of private capital on behalf of its clients with offices in New York, San Francisco, Boston, Stamford, Dallas, and Luxembourg. Gen II offers private fund sponsors a best-in-class combination of people, process, and technology, enabling fund sponsors to most effectively manage their operational infrastructure, financial reporting, and investor communications. The Gen II team is the most experienced and longest tenured team in the private equity fund administration industry, with broad expertise across buyout, funds of funds, real estate, energy, infrastructure, credit, co-investment, hybrid funds, feeder funds, venture capital, retail, and managed accounts.

    Key Facts:

    • Administering over $400B in assets
    • Servicing nearly every significant investor in the asset class
    • Institutional grade infrastructure and SSAE 18 (SOC-1, Type 2) certification, ensuring confidence in our processes and operating model
    • The most experienced and best performing team in the industry

    All applicants applying to Gen II Fund Services, LLC must be legally authorized to work in the United States.

    APPLY