Gen II is an independent fund administration provider established in 2009 by Steven Millner and Norman Leben, who previously co-headed private equity administration at a business later acquired by BISYS. The firm administers over $850 billion in private fund capital assets across more than 100 fund entities, serving approximately 1,000 investors through offices in the United States, Luxembourg, Jersey, Guernsey, the United Kingdom, and Ireland.
The company offers a comprehensive suite of services for private capital asset managers and investors, including fund administration, private equity fund administration, corporate services, tax services, regulatory compliance, depositary services, and management company services. These are underpinned by Sensr®, a proprietary technology platform that provides digital subscription capabilities, investor portals, data analytics, and data integration solutions.
Gen II positions itself on combining experienced personnel with process expertise and technology capabilities. The service offering emphasizes timely, accurate, and transparent investor reporting alongside regulatory and compliance support tailored to private capital structures.