NEW YORK, March 16, 2017 /PRNewswire/ -- Gen II Fund Services, LLC, a leading independent private equity fund administrator, today announced that Shawn McMenimen has joined the firm as Senior Managing Director.
Shawn will be responsible for managing various client relationships and oversight of Gen II's compliance department. In this role, he will work closely with Steven Alecia, Gen II's Chief Client Officer, and Yuliana Gekhel, Senior Managing Director, to optimize technology and control processes to support business growth. "We are delighted to add Shawn to our team," said Mr. Alecia. "He's a highly experienced fund administration professional with exceptional knowledge of our product suite and understands intimately the level of service clients expect from their fund administration partner."
Mr. McMenimen has over 17 years of private equity fund administration experience, and joins Gen II from State Street, where he led a large glo bal team as a Managing Director of Private Equity Fund Administration and Limited Partner Performance & Analytics in the Alternative Investment Solutions division. Shawn joined State Street as part of the acquisition of Investors Bank and Trust Company in 2007 and was a senior leader in the development and growth of State Street's private equity offering. He led efforts to design and implement a global operating model for private equity fund of funds administration, and optimized servicing of private equity funds with complex strategies and investment processing requirements, such as Senior Loans, distressed debt, and other credit products. Shawn was also instrumental in the development of an administration model for the unique requirements of Business Development Companies.
"I'm very excited to be joining the Gen II team," said Mr. McMenimen. "I look forward to working with such an accomplished group of professionals that take great personal pride in providing top tier service to their clients."
About Gen II Fund Services
Gen II Fund Services, LLC is the largest independent private equity fund administrator, covering over $145B 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, infrastructure, energy, credit, real estate, co-investment, hybrid funds, feeder funds, funds of funds, venture capital, and managed accounts. For more information, please visit www.gen2fund.com.
Contact: Jeff Gendel
Managing Director, Gen II Fund Services, LLC
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SOURCE Gen II Fund Services, LLC