Independent fund and corporate services provider Crestbridge is to expand into the Cayman Islands in response to continued growth and client demand.
Subject to regulatory approvals from the Cayman Islands Monetary Authority, Crestbridge plans to offer a range of governance services to the international funds community with the office, scheduled to open before the year’s end.
The new Crestbridge operation will be led by a team of three Cayman directors with extensive experience in the Cayman Islands working with fund and corporate structures including hedge funds, multi-manager funds, private equity, debt and insurance structures. The team will develop the Cayman offering on joining Crestbridge with an initial focus on providing specialist corporate governance services to the alternative funds sector.
Crestbridge Chief Executive Graeme McArthur (pictured) says: “We are delighted to have such an experienced team joining us and bringing with them market leading expertise in the specialist sectors they will serve. Given the demand for Cayman based services from our existing client base, Crestbridge opening its doors in the Cayman Islands makes sense not only for our existing clients, but for our overall growth strategy.”
Crestbridge has offices in Jersey and Luxembourg and offers a range of fund, real estate, corporate, capital markets and family office services. The firm has an 18 year pedigree in financial services, administers over USD60 billion of assets across multi-jurisdictional structures, and supports a broad range of blue chip corporate and institutional clients.