Key Takeaways
- • Gen II Fund Services appointed Ray Ferranti as Head of Northeast-Client Services, a regional leadership role overseeing its New York and Boston offices.
- • Ferranti reports directly to Brian Bekiers, Head of US Client Service, and will oversee fund accounting and financial reporting delivery in the Northeast.
- • Ferranti brings 20 years of financial services experience, most recently as CFO and Chief Compliance Officer at a private equity commercial real estate development manager.
- • Gen II, which states it oversees more than $1 trillion in private capital AUA, positions the hire as support for growth in key markets and client service.
Summary
Gen II Fund Services, described as a leading global private capital fund administrator with more than $1 trillion in assets under administration, announced the appointment of Ray Ferranti as Head of Northeast-Client Services, according to a Business Wire release dated September 3, 2025. In the regional role, Ferranti will lead the firm's New York and Boston offices and oversee the development and delivery of Gen II's fund administration services, including fund accounting and financial reporting. He will report directly to Brian Bekiers, Head of US Client Service.
CEO and Co-founder Steven Millner said the firm is committed to bespoke solutions as private capital clients seek a wider range of mission-critical services. The company framed the appointment as supporting continued growth in key markets and strengthening client outcomes.
Ferranti has 20 years of financial services industry experience. Most recently he was Chief Financial Officer and Chief Compliance Officer at a private equity commercial real estate development manager, where he led the finance, compliance, and human resources teams. Previously he was Director of Finance and Control at a global fixed income ABS hedge fund manager with $10 billion under management, where he coordinated the monthly NAV close and audits of more than 800 entities and evaluated structured transactions under US GAAP. Earlier, he was Chief Accounting Officer of Special Investments at a $10 billion fixed income hedge fund manager in Greenwich, Connecticut, and worked as an auditor at a Big 4 accounting firm.
Gen II describes itself as a tech-enabled independent fund administrator serving managers from emerging to large multinational funds, with operations since 2009 and proprietary technology including Sensr Solutions.
CEO and Co-founder Steven Millner said the firm is committed to bespoke solutions as private capital clients seek a wider range of mission-critical services. The company framed the appointment as supporting continued growth in key markets and strengthening client outcomes.
Ferranti has 20 years of financial services industry experience. Most recently he was Chief Financial Officer and Chief Compliance Officer at a private equity commercial real estate development manager, where he led the finance, compliance, and human resources teams. Previously he was Director of Finance and Control at a global fixed income ABS hedge fund manager with $10 billion under management, where he coordinated the monthly NAV close and audits of more than 800 entities and evaluated structured transactions under US GAAP. Earlier, he was Chief Accounting Officer of Special Investments at a $10 billion fixed income hedge fund manager in Greenwich, Connecticut, and worked as an auditor at a Big 4 accounting firm.
Gen II describes itself as a tech-enabled independent fund administrator serving managers from emerging to large multinational funds, with operations since 2009 and proprietary technology including Sensr Solutions.
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