Gen II Fund Services, LLC, a leading independent private equity fund administrator with over $40 billion of capital under administration, today announced that it has enhanced for its client’s use its Fund Management Dashboard to provide full functionality for use on an iPad. The Fund Management Dashboard provides key performance metrics for Private Equity Fund sponsors including capital drawdowns and distributions, remaining capital commitment, outstanding capital calls, investment and fund level performance.
Norman Leben, Managing Principal, commented that the Fund Management Dashboard actually has the capability to drill down to the transaction level detail. Together, with a sophisticated permissioning system, Private Equity Professionals have access to the data they need to see, 24 x 7 x 365.
Steven Millner, Managing Principal, noted that Gen II’s clients are frequently travelling meeting with portfolio companies and investors, this new tool was developed by Gen II based on a need expressed by clients to have mobile access to their fund data, wherever they are and whenever they want.