Gen II Fund Services Welcomes Marlene Pelage as New Chief Financial Officer

Authored by: Marlene Pelage, Chief Financial Officer
Updated on: June 12, 2024

Seasoned finance executive brings significant
international experience driving growth and developing solutions

NEW YORK, JULY 31, 2023 — Gen II Fund Services, LLC (“Gen II”), a leading independent private capital fund administrator, today announced Marlene Pelage has joined the firm as Chief Financial Officer, effective July 31.

Ms. Pelage is a highly accomplished finance executive with over 30 years of experience in the financial services industry. She brings deep international expertise and a proven ability to drive performance and growth.

Ms. Pelage joins Gen II from IPG Mediabrands where, as Global CFO, she managed a multi-billion dollar media/advertising agency budget with a footprint across 130 countries. Previously, Ms. Pelage held several leadership roles at Charles Schwab, including Chief Financial Officer of Charles Schwab Bank, where she managed billions in bank assets and played a key role in the development of growth strategies and client solutions. Prior to joining Charles Schwab, Ms. Pelage spent over a decade at Crédit Agricole Bank, where she held positions in several international locations. She currently serves on the President's Leadership Council at The Asia Foundation, which promotes access to education and financial independence for women across Southeast Asian countries. In January 2023, she also became Board Director of NetScout Systems Inc (NTCT), a NASDAQ-listed company that provides service assurance and cybersecurity solutions.  Ms. Pelage holds a Master in Management from ESCP Business School and an MBA from Drexel University.

"Marlene is an extraordinary executive with a strong track record of achieving results at leading international firms,” said Steven Millner, CEO of Gen II. “We are thrilled to welcome Marlene and are confident her contributions will help accelerate our innovation and value creation as we continue to execute on our growth strategy.”

"I am delighted to join Gen II, a high-growth, industry leader with an exceptionally strong team,” said Ms. Pelage. “As a leading fund administrator, Gen II is well-positioned for continued growth, and I look forward to helping drive additional value for our clients and the firm.”

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


Dan Abramson
BackBay Communications

Published on: July 31, 2023

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