The expertise of independent corporate and fund service provider Crestbridge has been recognised by being shortlisted for three major fund and real estate administration awards.
The awards for which Crestbridge has been shortlisted include:
- European Real Estate Fund Administrator of the Year, Custody Risk European Awards 2014
- Channel Islands Fund Administrator of the Year, Custody Risk European Awards 2014
- European Specialist Administrator of the Year, Funds Europe Awards 2014
These awards celebrate personal and company achievements right across the European funds landscape, with the shortlists each year featuring the leading firms and individuals in the European funds business.
This year’s Custody Risk European Awards 2014 ceremony takes place at the Jumeirah Carlton Tower in London on 11 November, and will include a range of international and regional custody, administration and service provider awards. Meanwhile, the winners of the Funds Europe Awards, which this year marks its 10th anniversary and features a full range of individual, company, fund product, investor and fund support categories, will be announced at a ceremony at the Tower of London on 27th November.
Being shortlisted for the three awards reflects a busy year to end of June for Crestbridge, during which it announced an annual increase in the value of funds the firm administers by more than 700% to £15.06bn. Contributing to this growth were a number of key business wins for the firm including establishing and providing administration services to the major Jersey-domiciled ‘Kennedy Wilson European Real Estate’ fund.
Over its financial year, Crestbridge also completed the first registration in Jersey of an AIFMD-compliant private equity fund with the Jersey Financial Services Commission, and became one of the first to be granted Alternative Investment Fund Manager licensing by the Luxembourg regulator (CSSF) to become a provider of management company services to alternative investment funds.
Commenting on being shortlisted in the awards, Graeme McArthur, CEO, Crestbridge, said:
“Being shortlisted for three prestigious awards is clearly fantastic news, and comes at the end of what has been an incredibly successful year for Crestbridge. It’s hard to believe that it’s just over a year since we introduced our new Crestbridge brand, and in that time we’ve recorded growth across our funds, real estate, corporate and capital markets, and family office business areas, secured major new clients, and grown the headcount in both our Jersey and Luxembourg offices. This recognition demonstrates the hard work and commitment shown by the team at Crestbridge and I'm very grateful for their support.”
Crestbridge offers a range of fund, real estate, corporate, capital markets and family office services. The firm has a 16 year pedigree in financial services administering assets across multi-jurisdictional structures and supporting a broad range of blue chip corporate and institutional clients.