We started PFA Solutions because we are committed to doing what is always in our clients’ best long-term interests without failure or compromise. We believe in helping our client’s achieve their goals by learning and caring about their business just as much as they do. We promote high ethical standards and keep our promises by always doing what is right and making commitments which we can only deliver exceptionally well.
Richard Change is PFA Solutions co-founder and managing partner. Richard drives the company's strong commitment to its core values, which include its employees, exceptional customer service and cutting-edge innovation.
In addition to his role at PFA Solutions Richard also serves on the Board of the AltExchange Alliance and various industry committees. Prior to Co-Founding PFA Solutions, Richard was the Chief Architect at The Carlyle Group where he successfully implemented strategies that transformed and evolved mission critical systems while reducing overall spend and the total number of development resources. Richard combined vision, business acumen, decisive leadership and a keen eye for detail to build stakeholder confidence and partnerships throughout the firm.
Richard holds a B.S. in Electrical Engineering from the Catholic University of America and a M.S. in Management of Information Technology from the University of Virginia, McIntire School of Commerce.
Justin Neal is our lead software engineer with over 10 years of experience developing custom enterprise solutions and system integrations in both the public and private sectors.
Prior to joining PFA solutions, Justin was a senior software engineer at the Carlyle Group, where he led development teams on some of their largest in house custom solutions as well as assisted in building out their services based integration platform.
Prior to Carlyle, Justin was a software engineer at Metier, Ltd. where he led the development team for one of the largest clients, as well as helped roll out and run the company's first SaaS delivery environment.
Justin graduated from the University of Delaware with a B.S. in Information systems.
Ryan is responsible for Product Strategy and Solution Delivery at PFA Solutions. Ryan has extensive experience working on strategic operating model change initiatives and software implementations for a variety of organizations. His clients have included major private equity firms, multi-strategy asset managers, institutional investors, and fund administrators. Prior to PFA, Ryan was a Senior Manager in EY’s consulting practice serving the alternative investment industry along with having had roles at SunGard Investran (now FIS) and Accenture.
Ryan holds a B.S. in Accounting and Information Systems and a minor in Global Business from Virginia Tech.
Andrew is a Senior Software Engineer at PFA Solutions. He comes with more than 10 years of experience in analysis, design and development of multi-tiered, distributed web and client/server applications with.NET framework/ and SQL Server. He has full knowledge of the system life cycle experience as well as expertise in the financial, media and healthcare industries.
He holds a B.A. in Computer Science from Kalamazoo College.
Seth Steinmetz is a Senior Business Analyst with over 7 years of experience focused on performance & fee analytics at AQR Capital Management and prior performing audit services for Private Equity firms at PricewaterhouseCoopers. Some of his expertise includes analysis and implementation of industry data standards such as Global Investment Performance Standards (GIPS), management and incentive fees modeling for both hedge funds and private equity firms. Throughout his career he has also led in the design and implementation of software initiatives that facilitate automating fund & investor reporting.
Seth graduated from the CUNY Baruch College, Zicklin School of Business, New York, NY where he received his Bachelor's of Business Administration with a concentration in Finance & Investments.
Joey is a Software Engineer at PFA Solutions. He holds a B.Sc. in Automotive Engineering from Shanghai University of Engineering & Science and a M.Sc. in Mechanical Engineering from Lawrence Technological University.
Lorelei Graye is founder and independent consultant of Leodoran Financial and Strategic Advisor to PFA Solutions. Formerly, a reporting officer for the South Carolina Retirement System Investment Commission (RSIC), Lorelei spearheaded the development and implementation of the annual fee collection, validation, and reporting process which was featured in a prominent April 2015 CEM Benchmarking study.
Presentations and media coverage have included organizations such as the WSJ, Private Equity International, FundFire, Governing, Pensions & Investments, The Hedge Fund Law Report, Staying Ahead of the Curve (Cammack), NCTR, ILPA, APPFA, IMDDA, SURS of IL, TRS IL, TRS of TX, GAIM Ops Cayman, the Regulatory Fundamentals Group, and the Lowell Milken Institute at UCLA School of Law.
A key participant and supporter of the ILPA Fee Transparency Initiative Lorelei has 20 years of business experience and holds dual business administration degrees: a bachelor of science majoring in finance and a bachelor of arts with a major in accounting summa cum laude.