Gen II Fund Services has promoted four of its client service professionals to principal, bringing the total number to 24.
The four principals include Ben Bichacho, Shaun Buckley, Bryan Rakestraw, and Jonathan Schoenfeld.
Bichacho has over 20 years of experience in the alternative asset management industry and has worked at Gen II since 2014.
He has knowledge in private equity fund administration and reporting, with a focus on servicing credit fund clients.
Meanwhile, Buckley has 20 years of experience in financial services including 13 years in the private equity administration industry. He joined the firm when it opened a Boston office.
Rakestraw has 15 years of experience in the private equity industry and has served at Gen II since 2015.
He has extensive knowledge of private equity fund administration and reporting, with a focus on servicing infrastructure fund clients.
Schoenfeld has 12 years of experience in private equity fund administration and has been with Gen II since 2016.
His knowledge includes buyout funds, feeder funds, direct investments, complex fund structures, co-investment funds, and related entities.
Commenting on the promotions, Steven Millner, managing principal and co-founder of Gen II Fund Services, said: "We are delighted to add these four highly experienced and qualified professionals to Gen II's roster of principals. These promotions reflect our ongoing commitment to invest in our personnel and provide meaningful opportunities for career growth."
Norman Leben, managing principal and co-founder of Gen II, added: "This is a well-deserved achievement for these individuals, who have consistently demonstrated the highest levels of knowledge and proficiency in fund administration and deliver premier service to our clients."
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