A fully stocked kitchen, fitness room, patio, golf simulator – these are just some of the enhancements added to GP Fund Solutions’ global headquarters in Latham, N.Y., as part of a significant expansion and renovation completed this summer that more than doubles the size of its flagship office. GPFS, which provides outsourced back office services for private fund managers, invested in the space as a response to the firm’s rapid growth, and as a way to continue attracting and retaining top talent.
“Our philosophy at GPFS is to hire the best people and create a culture where they are valued and can build a long-term career,” said Carolyn Baker, Director of People and Culture. “This new office environment enables collaboration and camaraderie among our staff, and gives us more space to add team members as we grow.”
Over half of the company’s 125+ global employees are based at the Latham office at 12 Cornell Road. GPFS first moved to the location in 2014 with 10 employees. The renovation increases the size of the office from 10,700 to 24,700 square feet, including a new lower level with an employee lounge and several other high-end amenities inspired by workplaces in Silicon Valley.
“We wanted to create an inspiring space that reflects how we think work will get done in the future,” said Glen Shields, Founder and Group CEO of GPFS.“
GP Fund Solutions has been named one of the region’s “Best Places to Work” by the Albany Business Review for several years running. The company has additional US offices in Fort Lauderdale, Boston, and Minneapolis, as well as multiple offices in Europe.