Crestbridge has strengthened its Jersey Management Company (ManCo) with the hire of Gunther Thumann, a former economist for the International Monetary Fund in Washington DC. Thumann joins as an adviser and will focus on developing the Jersey ManCo from a strategic perspective.
Thumann was recently appointed as the chairman of Jersey Finance and has previously worked as chief executive and chairman of the board of Brevan Howard Capital Management; he brings a breadth of experience and connections across the finance industry in both Jersey and beyond, which will benefit the business’ ManCo clients and Crestbridge as a whole.
Thumann has a vast experience working as finance professional in the private and in the public sector. He holds a PhD in Economics and Statistics from the Friedrich Alexander University Erlangen-Nuremberg.
Thumann says: “I’m very excited by the prospect of joining such a knowledgeable and expert team. With the recent regulatory changes, especially BEPS, I believe this is perfect time for our ManCo solution.”
Director, Funds and ManCo Services, Elliot Refson, says: “I’m delighted to welcome Gunther to Crestbridge. Gunther is an immensely respected figure in the industry whose extensive experience working in the hedge fund world will add substantial value to our Jersey ManCo services. His experience within the economic world and professional market knowledge will be of great benefit to our clients.”
Crestbridge became one of the first firms in Jersey to be granted a licence by the Jersey Financial Services Commission (JFSC) to offer a ManCo platform, whilst it was also one of the first to establish a third party ManCo in Luxembourg covering both UCITS and AIFMD funds five years ago.
Crestbridge offers a variety of insourced and outsourced ManCo solutions to support managers looking to take advantage of the benefits of a Jersey presence. Crestbridge is able to offer a ManCo solution covering all asset classes, with substance provided by experts with direct market and industry experience, supported by a strong fund administration team experienced in a broad range of alternative fund types.
