Gen II is an independent fund administration provider established in 2009 by Steven Millner and Norman Leben, who brought over 30 years of combined experience from their earlier work in private equity administration. The firm administers over $850 billion in assets across more than 100 fund entities, serving approximately 1,000 investors globally.
The company operates across 12 offices in the United States, Luxembourg, Jersey, Guernsey, the United Kingdom, and Ireland. Gen II offers a comprehensive suite of services including private equity fund administration, corporate services, tax and compliance, depositary services, and management company services. These capabilities are underpinned by Sensr®, a proprietary technology platform that delivers digital subscription functionality, investor portals, analytics, and data integration solutions.
Gen II's business model centres on serving private capital asset managers, fund sponsors, and investors exclusively. The firm emphasises a combination of people, process, and technology to deliver timely, accurate, and transparent investor reporting. Its focus on the private capital sector and independent structure distinguish it within the fund administration landscape.
