Gen II Fund Services Announces Creation of Strategic & Digital Solutions Group and Appointment of Robert Caporale as Group President

Authored by: Robert Caporale, President, Strategic & Digital Solutions
Updated on: January 30, 2024

New group expands the firm’s offerings in digital, tax, and management company services

NEW YORK, NY, September 12, 2023 — Gen II Fund Services, LLC (“Gen II”), a leading independent private capital fund administrator, today announced the creation of its Strategic & Digital Solutions Group (the “Group”) and the appointment of Robert Caporale as Group President, effective immediately. The establishment of the Group exemplifies Gen II’s commitment to serving as a true value-added partner to its private fund sponsor clients. The Group’s offerings include Comprehensive Private Equity Fund Tax Services, Management Company Services and Digital Solutions such as Sensr®, its performance and fund analytics solution, the Gen II LP Portal and Update Capital, Gen II’s cloud-based real estate investment management platform.

“As a recognized leader in our industry, we’re excited to announce the formation of our Strategic & Digital Solutions Group,” said Steven Millner, CEO of Gen II. “We continue to make significant investments in expanding our capabilities to complement our fund administration services. Since our founding in 2009, we have been committed to providing expertise and personalized service in all aspects of private equity fund administration. Our focus has always been on enabling fund managers to focus on their core fund raising and investing while providing them with tools and solutions to optimize their operations.”

Mr. Caporale assumes this role after serving as Gen II Head of Corporate Development for the past three years.

"I am thrilled to lead our Strategic & Digital Solutions Group and look forward to further transforming and expanding our range of solutions. Our Group was created specifically to unify these strategic solutions and accelerate the digitization of the private equity ecosystem. Our objective is to put more data, analytics and technology solutions in the hands of fund managers while enabling them to provide a world class investor experience,” said Mr. Caporale.

About Gen II

Gen II is a leading fund administration provider focused entirely on serving private capital asset managers and investors. Since its inception in 2009, the company has become one of the largest independent private capital fund administrators, with more than $1 trillion of private fund capital under administration. Gen II offers private fund sponsors a best-in-class combination of people, process, and technology, enabling GPs to manage their operational infrastructure, financial reporting, and investor communications most effectively. For more information, please visit gen2fund.com.

Contact:
Dan Abramson
BackBay Communications
Daniel.abramson@backbaycommunications.com

Published on: September 12, 2023