Gen II Announces General Availability of Funded, Best-in-Class Digital Subscription Platform for Private Capital Funds
NEW YORK--(BUSINESS WIRE)-- Gen II Fund Services, LLC ('Gen II'), a leading global private capital fund administrator, today announced the general availability of Funded, the firm's proprietary digital subscription document platform that streamlines fund subscriptions with investor-friendly onboarding workflows.
A Trusted Platform, Strengthened by Gen II
Funded is a proven and trusted platform for private capital fundraising, that has facilitated over $350 billion in capital raised across 500 funds and more than 25,000 subscriptions.
Building on this strong foundation and following Gen II's acquisition of the platform from a leading fund formation law firm in 2024, Funded now operates on Gen II's highly secure cloud infrastructure and is backed by dedicated 24/7 support. Gen II has expanded Funded's capabilities to support all sponsors and their legal counsel, while also integrating additional Gen II services.
'Funded represents a major step forward in how private funds approach the subscription process. The platform simplifies investor onboarding while maintaining the highest level of security,' said Robert Caporale, President, Strategic & Digital Solutions, Gen II.
A Superior Experience for Sponsors, Investors, and Attorneys
Sponsors: With Funded, Sponsors can move beyond the time-intensive, error-prone paper-based subscription process. Working closely with their fund formation attorney, they can leverage an intuitive, digital, and smart subscription process integrated with DocuSign ®, while gaining real-time visibility into the status of investor subscriptions and readiness to close.
Investors: Funded enhances the investor experience by streamlining the subscription process with an intuitive and intelligent on-screen questionnaire. Investors can leverage the 'Investor Passport' feature to autofill previously submitted profile data, saving time and ensuring consistency across investments.
Fund Formation Attorneys: Funded empowers fund formation attorneys to build subscription books on their own in just a few hours. The platform facilitates collaboration with multiple team members and stakeholders to get a subscription completed and signed within a single, streamlined system, enabling attorneys to complete closings efficiently and send out closing emails.
End-to-End Investor Servicing
Funded expands Gen II's comprehensive investor-servicing suite, which now includes:
Virtual Data Room for pre-marketing and due diligence
Funded Electronic Subscriptions for investor onboarding
Global AML/KYC Services for a complete onboarding solution from a single provider
Sensr ® Investor Portal for investor reporting and communications
By digitizing subscription data at inception, Funded enables easier integrations with downstream systems and processes.
About Gen II Fund Services
Gen II is a leading independent fund administration provider for private capital asset managers and investors. Distinguished by its bespoke service offerings and robust technological infrastructure, the company has grown to become one of the largest independent private capital fund administrators since its inception in 2009, and now oversees $1 trillion+ of private fund capital.
Gen II's transatlantic operational reach is redefining excellence in the fund administration sector, enabling it to provide unparalleled service capabilities to fund managers and investors globally. The company helps GPs to navigate complex international markets and regulations whilst effectively managing their operational infrastructure, financial reporting, and investor communications. For more information, please visit gen2fund.com.
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