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Steven Millner

Managing Principal, Co-Founder at Gen II Fund Services, LLC

Steven Millner is the Chief Executive Officer and Co-Founder of Gen II Fund Services, LLC, a prominent independent private capital fund administrator. He has over 25 years of experience in private equity administration and has been instrumental in the growth and success of Gen II since its inception in 2009. Under his leadership, the firm has become one of the largest independent administrators, managing over $850 billion in private fund capital.124

Professional Background

Before co-founding Gen II, Millner held significant roles in the financial services industry:

  • Managing Director/Co-President at BISYS Private Equity Fund Services: He was part of a subsidiary of The BISYS Group, which was publicly traded and later acquired by Citigroup in 2007.14
  • Co-Founder of DML Fund Services: This firm specialized in alternative asset administration and was known for creating Investment Café, a leading online reporting portal for private equity limited partners.15

Education and Credentials

Millner earned a Bachelor of Science degree in Accounting from Bentley University and is a certified public accountant (inactive). His professional affiliations include membership in the American Institute of Certified Public Accountants (AICPA) and the New York State Society of Certified Public Accountants (NYSSCPA). Additionally, he serves on the Board of Trustees at Bentley University.145

Leadership at Gen II

In June 2022, Millner was appointed CEO of Gen II, succeeding Norman Leben while continuing to serve as a Managing Principal. His focus includes maintaining operational excellence, driving innovation, and pursuing global growth strategies for the firm. He has expressed gratitude for the support from his co-founders and is enthusiastic about the future of Gen II and its role in the private equity sector.234

Industry Recognition

Millner is recognized as an authority in private equity fund administration and has contributed to shaping best practices in financial reporting and fund structuring within the industry.14

Highlights

Oct 17 · gen2fund.com
Steve Millner | Chief Executive Officer, Co-Founder - Gen II
Steve Millner | Chief Executive Officer, Co-Founder - Gen II
Aug 1 · gen2fund.com
Meet the Gen II Team: Experts in PE Fund Administration
Feb 29 · youtube.com
2023 Year-in-Review from Steven Millner, CEO | Gen II Fund Services
2023 Year-in-Review from Steven Millner, CEO | Gen II Fund Services
Gen II Fund Services rearranges senior management team
Gen II Fund Services rearranges senior management team
Jun 15 · citybiz.co
Gen II Fund Services Appoints Steven Millner as Chief Executive Officer
Gen II Fund Services Appoints Steven Millner as Chief Executive Officer

Related Questions

What are Steven Millner's key achievements at Gen II Fund Services?
How did Steven Millner's experience at BISYS Private Equity Fund Services influence his career?
What is the significance of Steven Millner's role in the administration of private equity and real estate funds?
How has Steven Millner contributed to the growth of Gen II since its founding?
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Steven Millner
Steven Millner, photo 1
Steven Millner, photo 2
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Location

New York, New York