Provider of fund administration, data, technology and ancillary solutions, specializing in private equity, real estate and credit funds for institutional investors worldwide.
INVESTMENT | 2017 (partial exit in 2020)
OWNERSHIP | Minority
Performance 2025
Gen II delivered strong organic growth in 2025, driven by continued capital deployment from existing clients, new fund launches from existing clients, new client wins, and accelerated cross-sell efforts. The acquisitions of Crestbridge (Apr-24) and Funded (Jun-24) have helped Gen II expand its geographic footprint and widen its product suite, increasing assets under administration to more than $1.5 trillion. This milestone reflects the firm’s market leadership and the accelerating demand for its institutional-grade expertise and comes less than three years after Gen II reached $1 trillion in private capital Assets under Administration (“AuA”) in 2023.
Commercialization of Funded
The firm’s proprietary digital subscription document platform that streamlines fund subscriptions with investorfriendly onboarding workflows. Following its acquisition from a leading fund formation law firm in 2024, Funded now operates on Gen II’s cloud infrastructure and is backed by dedicated 24/7 support. Gen II has expanded Funded’s capabilities to support all sponsors and their legal counsel, while also integrating additional Gen II services.
New York, USA | HQ
+1,800 | Employees
+$1.5 trillion | AuA*
+50,000 | Investor
