You may be asking, “Why should I consider outsourcing my back-office functions to a fund administrator?”
Outsourcing fund administration can be more cost-effective than hiring a full-time team in-house. This is especially beneficial for emerging managers who have limited resources. As the fund grows, outsourcing fund administration allows for scalability without the need for significant investments in infrastructure, technology, and personnel.
Outsourcing fund administration to an established third-party provider can increase investor confidence, as it demonstrates a commitment to best practices and a willingness to align interests with investors. Gen II’s emerging manager clients leverage our deep relationships with LPs and LP consultants and our more than 25 years of experience in firm and fund formation to build a strong foundation for success.
Gen II has launched more emerging managers than any other fund administrator. A specialty of the Gen II relationship is how we avail emerging managers, spin-out groups, and first-time funds with the consistent, high-touch service they need, including: