Fund administration provider Gen II Fund Services has acquired Crestbridge to expand its presence in Luxembourg.
The acquisition of the European private capital fund administration services provider, allows Gen II to add jurisdictional reach in the UK, Jersey, Ireland and international markets.
Steven Millner, CEO of Gen II, explains: “Blending Crestbridge’s private equity and real estate fund administration businesses with our service offerings, provides our clients with many more options to support their success and growth.”
Dean Hodcroft, former CEO of Crestbridge, has become Gen II’s head of Europe.
Hodcroft says: “We look forward to empowering our unified teams to support international private fund managers through all stages of their fund lifecycles.”
