Fund administration specialist Bedell has strengthened its presence in European markets by opening an office in Luxembourg to provide corporate, private equity/real estate and private wealth administration services.
Luxembourg offers a platform of services and structuring opportunities to investors and managers with products including a wide range of special purpose vehicles. Bedell's expansion into the region is a natural extension of the organisation's multi-jurisdictional service capability.
Two directors have been appointed by Bedell to the new Luxembourg office management team. Anne-Catherine Grave, an economist and lawyer with over 15 years’ legal and financial services experience in Luxembourg and New York, and Catherine Koch with more than 27 years’ experience in finance and corporate administration at international firms, banks and CSSF regulated administration businesses in Luxembourg and London. Existing Bedell director, Philip Bolton has also joined the Luxembourg board and will be supported by the wider Bedell network.
Simon Burgess, Managing Director, Bedell Fund Services, says: ‘We are excited to be joined by two directors with Anne-Catherine and Catherine's calibre and reputation who have tremendous expertise and a deep understanding of the market in Luxembourg. Their experience in administration, accounting, tax and compliance, strengthens our service offering to clients world-wide and adds to our global expertise in delivering administration services.
‘Bedell's expansion into Luxembourg is a natural extension of our service offering, which includes the development of our presence in locations where our clients want to do business and Luxembourg, one of the largest financial centres, is undoubtedly one of the world’s key locations for the establishment of investment structures. The move to open in Luxembourg broadens our service reach within the EU at a time of considerable growth for our administration and accounting business.’