The 2024 Private Funds CFO Management Report, published by Private Funds CFO in partnership with Gen II Fund Services, LLC dives deeper into what GPs should know to service management companies successfully.
NEW YORK, Feb. 14, 2024 /PRNewswire-PRWeb/ -- Management companies for private funds are like a water heater or furnace – a necessity that requires care and maintenance, but doesn't command attention until they stop working.
This is why GPs should know how much time, staff and expertise is required to service management companies today.
In this special report, published by Private Funds CFO and sponsored by Gen II Fund Services, we examine the high stakes around management companies, given the regulatory sensitivity around fees and expenses, and the eagerness on the part of investors for reassurance that a firm's back office is above reproach.
"The changing needs of private equity management companies reflect the evolving landscape of the industry, influenced by various factors such as market trends, regulatory changes, technological advancements and investor expectations," says Robert Caporale, President – Strategic & Digital Solutions, Gen II. "Adaptability and a proactive approach are crucial for private equity management companies to thrive in the dynamic and competitive landscape of the industry."
"Our focus is to leverage automation, process improvement and the use of technology coupled with our experiences and expertise to help our clients," adds Phil Bruno, Head of Management Company Services at Gen II.
To download the report, click here: https://bit.ly/3uhZB4o.
Notes to Editors:
About Private Funds CFO https://www.privatefundscfo.com/
Managing private markets funds is getting harder – managing a private markets firm, harder still. We know the challenges CFOs face. How? Our deep connection with the CFO community through our events and information products spanning private equity, real estate, infrastructure and private debt.
We know there's a lack of information available to help CFOs navigate risk and build better businesses. Private Funds CFO will change that.
About Gen II Fund Services, LLC http://www.gen2fund.com/
Gen II is a leading fund administration provider focused entirely on serving private capital asset managers and investors. Since its inception in 2009, the company has become one of the largest independent private capital fund administrators, with more than $850 billion of private fund capital under administration. Gen II offers private fund sponsors a best-in-class combination of people, process and technology, enabling GPs to most effectively manage their operational infrastructure, financial reporting and investor communications.
Media Contact
Graeme Kerr, Private Funds CFO, 44 20-3862-7491, [email protected], www.privatefundscfo.com
Jeff Gendel, Gen II Fund Services, LLC, 1 212-408-0501, [email protected], www.gen2fund.com
SOURCE Private Funds CFO
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