GP Fund Solutions, a boutique fund administration firm that provides back office accounting and data management solutions for private asset managers, has hired Arminex Carbon as Director, Fund Administration. An industry veteran with more than 20 years of experience in private equity accounting, Carbon will manage relationships and service delivery for some of the firm’s largest clients.
“I’m very excited to join GP Fund Solutions,” said Carbon. “I’m impressed by the company’s commitment to a strong culture, and its approach to innovative data management strategies that help fund managers operate in demanding environments.”
Carbon’s experience spans two decades in private equity financial accounting. Prior to GPFS, he worked at Credit Suisse and GCM Grosvenor. During his 10 years at Grosvenor, Carbon managed full lifecycle reporting for various private funds and coordinated compliance and regulatory audits. He worked closely with technology and data teams to automate critical processes and calculations. At Credit Suisse, Carbon spent 14 years as a director and vice president.
“I’m so pleased that Arminex has joined our team,” said Edward McCarthy, Senior Director, Fund Administration at GP Fund Solutions. “He’s a versatile talent and our clients will benefit from his expertise in fund accounting. I’m also excited to have him mentor GPFS employees,” McCarthy added.
At GPFS, Carbon will play a key role in the firm’s continued growth in North America. The firm recently opened an office in Minneapolis, Minn., and completed an expansion and renovation of its global headquarters in Latham, N.Y. Carbon will help GPFS assess potential future locations for expansion. He will be based primarily in the northeast.
