Crestbridge Family Office Services remains privately owned and independent whilst its institutional business is acquired by a US fund administration business
Crestbridge Family Office Services remains privately owned and independent whilst its institutional business is acquired by a US fund administration business
Today’s announcement regarding the acquisition of Crestbridge’s institutional businesses to Gen II Fund Services, LLC, a North American fund administration firm, is a significant market development.
Crestbridge Family Office Services, which is not part of this transaction, will continue to operate independently and provide its private client, trust and fiduciary services whilst remaining privately owned. It will continue to support its clients and their advisers with the same commitment and dedication they have experienced over the last ten years.
Having joined Crestbridge ten years ago to establish Family Office Services, Heather Tibbo now takes the reins as Chief Executive Officer with Paul Hunter as Managing Director. They will continue to be supported by the current team of Family Office Services professionals ensuring continuity of services and relationships.
Chief Executive, Heather Tibbo, said:
“Over the last ten years, Crestbridge Family Office Services has demonstrated a clear focus on its specialism for families and ultra-high net-worth clients and advisers. I am excited about the future for our business, our people, and the continuing opportunity to grow and develop our array of services, delivering excellence to our clients and advisers whose interests I firmly believe are best served by our remaining independent.”