Gen II Fund Services
- Company typePrivate
- Founded2009
- HeadquartersNew York, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
Gen II Fund Services firmographics
Firmographics- Name
- Gen II Fund Services
- Legal name
- Gen II Fund Services, LLC
- Website
- https://gen2fund.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
Gen II Fund Services industry classification
Industry- Product category
- Private Equity Fund Administration
- NAICS
- Other Financial Vehicles (525990)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Unit Registry & Transfer Agency for Alternatives (Private Funds, SPVs, Closed-End) (FSAAAMAK)
Keywords
Where Gen II Fund Services is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices9 records
Markets served
Gen II Fund Services business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Fund Administration Services: Comprehensive fund administration services for private capital including PE, private credit, real assets, and fund of funds. Services include accounting, NAV calculations, investor reporting, compliance, and regulatory support. Revenue generated through management fees or service fees based on assets under administration.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise fund administration services |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels5 records
Gen II Fund Services product offering
Product offeringCore offering
Gen II Fund Services delivers highly customized fund administration services to private capital sponsors, covering fund accounting, NAV calculations, investor reporting, tax, compliance, depositary, corporate, management company, and AIFM services across private equity, private credit, real assets, fund of funds, and emerging managers. The firm also operates its proprietary Sensr Solutions technology suite (Funded, Sensr Portal, Sensr Analytics, DataBridge) to support capital raising, investor onboarding, AI-enabled document access, and portfolio analytics.
Product overview
Gen II Fund Services offers a platform-plus-modules architecture centered on its Sensr Solutions technology suite, which includes Funded (digital subscription platform), Sensr Portal (AI-powered investor portal), Sensr Analytics (portfolio analytics and reporting), and DataBridge (data integration). The company also provides treasury management software and comprehensive fund administration services including PE fund administration, corporate services, tax, compliance, depositary, management company services, AIFM services, and EU tax services across private equity, private credit, real assets, fund of funds, and emerging manager segments.
Differentiator
Problem solved
Functional benefit
Brands
- Sensr Solutions: Technology platform suite including Funded, Portal, Analytics, and DataBridge solutions for private fund administration
- Funded
- Sensr Portal
- Sensr Analytics
- Sensr DataBridge
- Spinoza Capital SICAV
Products and services
- PE Fund Administration Fund administration services for private equity funds, including fund accounting, NAV calculation, investor services, and compliance support.
- Private Credit Fund Administration Credit fund operations and administration with specialized analytics for portfolio performance, yield, and duration risk monitoring for credit fund managers.
- Real Assets Fund Administration Real estate and infrastructure fund administration including property-level reporting and multi-jurisdictional compliance for real assets managers.
- Fund of Funds Administration
Quantifiable outcome
- Surpassed $1.5 trillion in private capital assets under administration
- +2 more outcomes
Companies that use Gen II Fund Services
Customer profileNamed customers2 records
Segments6 records
Ideal customer profiles2 records
Gen II Fund Services technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability3 records
Feature5 records
Gen II Fund Services partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor and core.
- BuyoutsminorBuyouts, in partnership with Gen II Fund Services, released ninth annual Emerging Manager Report surveying 101 emerging managers on topics including fundraising, AI adoption, and market sentiment.
- S7 Fund OpscoreGen II entered long-term licensing agreement with S7 Fund Ops to integrate S7's institutional-grade waterfall automation engine into its fund administration platform. Gen II appointed Beverly Shealy as Head of Waterfall Solutions to lead evolution of waterfall capabilities and expand Sensr Solutions product suite.
- CrestbridgecoreGen II acquired Crestbridge's private equity and real estate fund administration business to expand European operations. The acquisition supports Gen II's strategy to enhance service capabilities across key European jurisdictions and increase AUA beyond $1 trillion. Transaction subject to regulatory approvals with no disclosed terms.
- Update CapitalcoreGen II acquired Vancouver-based Update Capital, a provider of investment management technology solutions for real estate. The acquisition strengthened product offerings through integration of Update Capital's cloud-based platform and appointment of Update Capital's CEO as Chief Product Technology Officer at Gen II.
- Stone PinecoreGen II acquired Stone Pine Accounting Services, a Denver-based private equity fund administration firm providing PE fund administration, tax, and investor services. The deal expanded Gen II's service offerings, client base, and AUA to over $600 billion.
Scale indicators12 records
Recent moves7 records
Expansion highlights6 records
Gen II Fund Services competitors and assessment
Company assessmentDirect peers
- SS&C Technologies (GlobeOp): SS&C's GlobeOp division is one of the largest hedge fund and private equity fund administrators globally. Directly comparable to Gen II as a scaled, technology-enabled fund administrator serving alternative asset managers with similar accounting, NAV, and investor reporting services.
- Citco Fund Services: Citco is a leading global fund administrator with deep PE, hedge fund, and private credit administration capabilities. Directly comparable to Gen II as a top-tier fund administrator serving institutional alternative asset managers across multiple jurisdictions.
- Alter Domus: Alter Domus is a major European-headquartered fund administrator serving PE, private debt, and real estate funds with full-service administration. Closely comparable to Gen II given overlapping PE/real assets focus and similar pan-European regulatory footprint post-TPG investment.
- IQ-EQ: IQ-EQ is a global fund administrator serving private equity, private debt, real estate, and infrastructure managers. Highly comparable to Gen II as a scaled, multi-jurisdictional administrator with similar client segments and AUA scale.
- Waystone: Waystone provides fund administration, management company, and compliance services to alternative asset managers globally. Directly comparable to Gen II's management company and AIFM service offerings, particularly in the European market.
- TMF Group: TMF Group is a global provider of fund administration, corporate services, and compliance solutions across 80+ jurisdictions. Comparable to Gen II for cross-border fund administration, depositary, and corporate services to PE and real assets clients.
- JTC Group: JTC Group is a global fund administration and corporate services provider with significant PE and real estate fund administration capabilities. Comparable to Gen II across fund administration, depositary, and corporate services, with overlapping presence in Jersey and other offshore centers.
Broad incumbents
- Apex Group: Apex Group is one of the largest global financial services providers offering fund administration, depositary, custody, and middle-office services. Comparable to Gen II in core fund administration but broader in scope, with a much larger AUA and employee base.
Emerging players
- Carta: Carta provides fund administration, cap table management, and investor reporting technology to venture capital and private equity. Emerging competitor to Gen II with overlapping investor reporting and fund admin workflows, particularly relevant given Gen II's AI-powered Sensr Portal launch.
Regional players
- Circle Partners (now part of Waystone): Circle Partners was a European fund administration and depositary business, now part of Waystone. Comparable to Gen II for European PE and real estate fund administration services across Luxembourg, Ireland, and other EU jurisdictions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Gen II Fund Services social profiles
Digital presenceGen II Fund Services compliance and trust
Trust signalCompliance9 records
Gen II Fund Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Gen II Fund Services leadership team
Management profileNumber of profiles
Profiles1 record
Gen II Fund Services subsidiaries and ownership
Company hierarchySubsidiaries18 records
Gen II Fund Services funding detail
Funding detailFunding overview
Funding rounds2 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Gen II Fund Services M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Gen II Fund Services
What does Gen II Fund Services do?
Gen II Fund Services delivers highly customized fund administration services to private capital sponsors, covering fund accounting, NAV calculations, investor reporting, tax, compliance, depositary, corporate, management company, and AIFM services across private equity, private credit, real assets, fund of funds, and emerging managers. The firm also operates its proprietary Sensr Solutions technology suite (Funded, Sensr Portal, Sensr Analytics, DataBridge) to support capital raising, investor onboarding, AI-enabled document access, and portfolio analytics.
Is Gen II Fund Services a public or private company?
Gen II Fund Services is a private company. It is classified as private equity controlled and is currently operating.
When was Gen II Fund Services founded?
Gen II Fund Services was founded in 2009. It employs 1,001 to 5,000 people.
Where is Gen II Fund Services based?
Gen II Fund Services is headquartered in New York, United States, in the North America region.
How does Gen II Fund Services make money?
One revenue line is on record: fund Administration Services.
Who are Gen II Fund Services's main competitors?
Direct peers on record are SS&C Technologies (GlobeOp), Citco Fund Services, Alter Domus, IQ-EQ, Waystone, TMF Group and JTC Group. Apex Group is listed as a broad incumbent. Carta is listed as an emerging player. Circle Partners (now part of Waystone) is listed as a regional player.
Does Gen II Fund Services have an API?
No public API is recorded for Gen II Fund Services.
What industry is Gen II Fund Services in?
Gen II Fund Services's product category is Private Equity Fund Administration. Its primary akta.pro industry code is FSAAAMAK, Unit Registry & Transfer Agency for Alternatives (Private Funds, SPVs, Closed-End). Its NAICS code is 525990 and its SIC code is 6199.