Expert Q&A with Steven Millner of Gen II Fund Services
Steven Millner describes how Gen II Fund Services enables private equity firms to deliver on investors’ requirements.
Transcript Download Transcript
Expert Q&A
With Steven Millner of Gen II Fund Services
Steven Millner, Gen II Fund Services:
Gen II Fund Services is a leading independent private equity administrator. We have over 65 billion dollars of capital under administration making us one of the largest independent non-bank administrators globally. We deliver a platform to our clients, a platform that consists of people, process and technology. Think about us as the people who prepare your capital call letters, distribution notices, we prepare financial statements.
We compute performance metrics, IRRs, multiples, and lastly, we track the preferred return, compute the waterfall and the carried interest. Our objective is to enable our clients to deliver to their limited partners best in class reporting while at the same time enabling their organization to really focus on their investment portfolio.
Sponsors
-
Gen II Fund Services
Gen II Fund Services, LLC is focused exclusively on providing superior fund administration services to private equity fund sponsors and investors around the world. Gen II offers private equity firms the best-in-class combination of people, process and technology, enabling GPs to most effectively manage their operational infrastructure, financial reporting and investor communications. Gen II…
Related Videos
-
Fund Admin Outsourcing is PE’s Future
With hedge funds largely outsourcing many aspects of fund administration, can private equity be that far behind?
July 1, 2016More -
The SEC Drives PE Transparency
How the SEC and investor demands are bringing private equity to a bold new era of transparency.
June 12, 2016More -
Expert Q&A with Steven Millner of Gen II Fund Services
Steven Millner of Gen II Fund Services explains how they work with first-time fund managers to prepare them for the near-term and long-term challenges.
July 27, 2015More -
Fact: PE Deals Outnumber Exits
Experts from BlackRock, W Capital, and Gen II discuss the impact of three new deals for every exit.
November 13, 2014More -
Launching with the Right Talent
Three PE veterans discuss the importance of a young PE firm recruiting the right talent.
September 8, 2014More -
Your Track Record: Expect Intense Due Diligence
A friendly relationship with LPs doesn’t mean they won’t subject your track record to intense due diligence once you try to launch your own private equity firm.
September 8, 2014More -
PE Firms: Don’t Underestimate Infrastructure
Two PE firm founders compare notes about the importance of infrastructure and services, from compliance systems to basic office space.
July 29, 2014More