Gen II appoints Niel Krastin as Director, Private Equity Funds in Guernsey

Gen II Fund Services ("Gen II"), a global leader in private capital fund administration, has appointed Niel Krastin as Director, Private Equity Funds in Guernsey, strengthening its local private equity capabilities as the business continues to expand in the jurisdiction.

Krastin brings 20 years of financial services and fund administration experience to the role, spanning fund accounting, financial reporting, operations and client service. Niel and his family are well established in Guernsey, having resided there for several years and most recently, he acted as Client Relationship Director, Funds. He has previously held a series of senior fund administration and client service positions in the jurisdiction, giving him significant local experience. Earlier in his career, Krastin spent more than 12 years in asset management in South Africa, including more than eight years leading a fund accounting division.

Matt Beresford, Country Head, UK and Channel Islands at Gen II Fund Services, said: "Niel brings to Gen II a strong technical fund administration experience, senior client service expertise and a deep understanding of the Guernsey market. We're happy to have Niel join Gen II and proud to be building our presence in Guernsey with experienced people on the ground in support of our clients."

His appointment follows Gen II securing licences from the Guernsey Financial Services Commission earlier this year to provide fund administration services for Guernsey-domiciled private market structures. The expansion was driven by growing demand from asset managers using the jurisdiction and extended Gen II's existing Channel Islands capabilities.

Michael Johnson, Chief Commercial Officer at Gen II Fund Services, said: "Our value add to clients is having experienced people close to them in Guernsey, backed by everything Gen II can bring to the relationship. That means local expertise combined with the technology, reach and scale of a transatlantic powerhouse, particularly as funds and investor requirements become more complex across jurisdictions."

About Gen II Fund Services

Gen II is a leading provider of tech-enabled fund administration 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, now overseeing $2 trillion+ of private fund capital.

Gen II serves a full spectrum of fund managers, from emerging managers to large funds operating across multinational jurisdictions. Its transatlantic operational reach redefines excellence in the fund administration sector, enabling unparalleled service capabilities to fund managers and investors globally. The company helps GPs navigate complex international markets and regulations while effectively managing their operational infrastructure, financial reporting, and investor communications. Gen II is powered by sophisticated proprietary technologies, including Sensr Solutions, a software suite designed to elevate fund management, analytics and investor experience.