Gen II Fund Services Clears 2025 SOC 1 Type 2 Audit with Clean Report

Event summary

  • Gen II Fund Services completed its 2025 SOC 1 Type 2 audit, receiving a clean report from BDO.
  • The audit covered the firm’s core technology infrastructure from November 1, 2024, to October 31, 2025.
  • Gen II oversees $1 trillion+ in private fund capital, serving a global client base.
  • The firm maintains compliance with multiple industry standards, including ISO 27001 and GDPR.

The big picture

Gen II’s successful SOC 1 Type 2 audit underscores its commitment to operational excellence in a sector increasingly scrutinized for data security. As private capital managers face heightened regulatory and cybersecurity demands, Gen II’s clean audit report positions it as a trusted partner for fund administrators. The firm’s compliance with multiple industry standards further solidifies its standing in the competitive fund administration landscape.

What we're watching

Regulatory Compliance
How Gen II will maintain compliance with evolving global regulations, including GDPR and CCPA.
Cybersecurity Evolution
Whether Gen II’s security architecture can adapt to emerging threats while managing its $1 trillion+ AUM.
Operational Scalability
The pace at which Gen II can scale its technology infrastructure to support growing client demands.