Gen II Introduces E-Subdocs Fund Subscription Solution for Private Equity Funds
NEW YORK–(BUSINESS WIRE)–Gen II Fund Services, LLC (“Gen II”), a leading independent private equity fund administrator, today announced the launch of E-Subdocs, a new digital offering that automates the process of private fund underwriting, significantly improving the investor experience and providing PE fund managers with real-time insight into their fundraising.
Replacing the traditionally time-consuming and error-prone paper-based subscription process, E-Subdocs, which is powered by Anduin, streamlines fund subscriptions from start to finish. At the heart of the E-Subdocs solution is an intelligent digital subscription form, fully integrated with electronic signature, document management and tracking software. E-Subdocs simplifies the subscription process for investors, saves time and reduces the risk of errors. For PE fund managers, E-Subdocs provides immediate visibility into investor activity and fundraising analysis. For PE fund investors and managers, E-Subdocs provides essential technology infrastructure, higher levels of trust and greater transparency, helping to foster a more efficient investor onboarding experience.
“We are excited to offer E-Subdocs to Gen II customers, further demonstrating our commitment to investing in technology solutions that enhance the Gen II platform,” said Steven Millner, CEO and co-founder of Gen II. “Given the significant levels of capital flowing into the alternative investment space, automation, accuracy and transparency have never been more essential for fundraising in the private market. We believe the adding E-Subdocs to our Gen II platform further enhances and enhances the fund underwriting experience for sponsors and PE fund managers.
About Generation II
Gen II is a leading fully service-oriented fund administration provider to private asset managers and investors. Since its inception in 2009, the firm has become one of the largest independent private equity fund administrators, with over $900 billion of private fund capital under administration. Gen II offers private fund sponsors a best-in-class combination of people, processes and technology, enabling GPs to more effectively manage their operational infrastructure, financial reporting and investor communications. For more information, please visit www.gen2fund.com.