Gen II Fund Services announces automation of ILPA Fee Reporting Template

January 18 2017
New York

NEW YORK, Jan. 18, 2017 /PRNewswire/ -- Gen II Fund Services, LLC, a leading independent private equity fund administrator, today announced the release of its automated ILPA Fee Template Reporting process for private fund clients. 

Gen II's ILPA Fee Template Reporting automation complements previous technology advances by Gen II, including integrating DTCC's Alternative Investment Product Services, and a complete module for waterfall model calculation and simulation.

Gen II's ILPA Fee Template Reporting process provides for timely and accurate ILPA reporting to institutional investors and enables our clients to provide ILPA compliant reports concurrent with other periodic LP statements. Combined with the previously released automated ILPA compliant capital call and distribution notice process, Gen II's clients now enjoy a complete suite of ILPA compliant communications.

"The introduction of our automated ILPA Fee Reporting Template is an extremely important new product development at Gen II," noted Steven Alecia, Gen II's Chief Client Officer. "For those private fund sponsors and investors that require expedited reporting for their ILPA compliant investors, they can be confident in Gen II's ability to expertly support these enhanced reporting requirements."  

About Gen II Fund Services

Gen II Fund Services, LLC is the largest independent private equity fund administrator, covering over $140B of private capital and reporting to over 8,500 LPs on behalf of our clients. Gen II offers private fund sponsors the best-in-class combination of people, process and technology, enabling GPs to most effectively manage their operational infrastructure, financial reporting and investor communications.

The Gen II team is the most experienced and longest tenured team in the private equity fund administration industry, with broad expertise across buyout, feeder funds, infrastructure, energy, credit, real estate, co-investment, hybrid funds, funds of funds, venture capital, and managed accounts. For more information, please visit


Jeff Gendel
Managing Director
Gen II Fund Services, LLC