Fund Administration & Operations

Gen II Fund Services

Verified 23 June 2026

Largest independent US private-equity fund administrator; founded 2009, Midtown Manhattan, ~1,585 staff.

The largest independent, US-based private-equity fund administrator, headquartered at 1675 Broadway in Midtown Manhattan. Founded in 2009 by Steven Millner, Steven Alecia and Norman Leben; ~1,585 staff across about 13 cities (New York, San Francisco, Boston, Stamford, Dallas, Denver and Luxembourg) administering ~$1.5 trillion of private capital. Focused exclusively on private-capital fund administration, accounting, investor reporting and regulatory compliance. Acquired Crestbridge's PE/RE fund-administration business and Quilvest's Luxembourg business; minority-backed by General Atlantic, Hg and IHS Markit since 2020.

Every field below was confirmed against a public source on 23 June 2026. Verification is a check on the data, not an endorsement of the firm.

Jurisdiction
New York
Service line
Fund Administration & Operations
Head office
New York, US
Founded
2009
Size
Very large (1,000-5,000 staff)
Services
Private equity fund administration, Fund accounting & financial reporting, Investor relations & reporting, Regulatory compliance, Treasury services
Jurisdictions served
United States, Luxembourg
Client types
Private equity sponsors, Real estate funds, Credit funds, Infrastructure funds, Fund of funds
Also listed in
Guernsey, Ireland, Jersey, London, Luxembourg
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