Gen II acquires Crestbridge 12 July 2023UK Reporter: Klea Neza
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Independent private capital fund administrator Gen II has acquired Crestbridge to expand its global jurisdictional reach.
With the addition of Crestbridge’s private equity and real estate fund administration business, Gen II aims to expand its global service and product capabilities, particularly in Jersey, Ireland and the UK.
Crestbridge provides a range of outsourced administration, accounting, corporate governance and compliance services. The firm has private markets expertise, which includes private equity, real estate, private credit, infrastructure and venture capital knowledge.
Steven Millner, CEO of Gen II, states: “The Crestbridge team shares our commitment to strategic growth and personalised client service. We’re excited to join forces to provide clients with seamless, superior service across North America and Europe. Like Gen II, Crestbridge is known for its client-first approach and commitment to investing in the best people and technology.”
Dean Hodcroft, CEO of Crestbridge, says: “Our extensive European footprint, deep sector experience and shared values make Crestbridge a perfect fit with Gen II. We look forward to empowering our combined teams to support international private fund managers through all stages of the fund lifecycle.”
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