Standish Management Opens Boston Office, Hires Susan Gillick

Susan Gillick has joined Standish Management, a provider of outsourced accounting infrastructure to VC and PE firms, as head of the firm’s new Boston office. She previously was controller with Elevation Partners and, before that, was with Fox Paine & Co.

PRESS RELEASE

Standish Management, LLC, a boutique provider of outsourced accounting infrastructure services to venture capital and private equity firms, announced today that Susan Gillick has joined the firm to lead its first East Coast office based in Boston.

“Susan brings a wealth of hands-on experience and understanding of private equity finance, administration and operations, and we are delighted that she will represent us on the ground as we expand our practice to the Boston market,” said Standish Managing Partner Robert Raynard, CPA.

Gillick has extensive private equity and operations experience, serving most recently as the controller of Elevation Partners, a Silicon Valley-based private equity fund.  Prior to Elevation, she was at Fox Paine & Company.  She is a CPA who started her career at PricewaterhouseCoopers in New York City and holds an MBA from Berkeley’s Haas School of Business.

“Susan was a top performer for Elevation Partners and possesses the full range of private equity finance and accounting skills to help private equity and venture firms improve their back office efficiencies and reduce costs through outsourcing,” said Fred Anderson, co-founder and managing director, Elevation Partners.

“There is a lot of pressure on fund managers when it comes to back office staffing – searching for qualified candidates and training them can take months.  The risk of hiring the wrong person and choosing the wrong technology is very high,” said Gillick.  “The Standish solution eliminates those risks and the fears that come with them.”

Standish provides a wide range of advisory and consulting services including web-based financial reporting to limited partners, partnership accounting, capital call and distribution management and performance return calculations.  In addition to expanding to the Boston market, Standish recently opened offices in Los Angeles and Palo Alto to meet the growing demand for its highly specialized services in the California market. Standish currently serves more than 29 clients with more than $ 14 billion in capital under management.

About Standish:
Standish Management, LLC is a privately held company that provides outsourced accounting infrastructure services to venture capital and private equity firms.  Founded in 2006, Standish is based in San Francisco with offices in Los Angeles and Palo Alto.  For more information, visit www.standishmanagement.com.