Crestbridge, a Jersey based funds, corporate and family office firm, is planning to open a office in Cayman Islands by end of 2015, subject to receipt of regulatory approval from the Cayman Islands Monetary Authority.
The new office will deliver a range of governance services to the international funds community.
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The Cayman Islands office will be headed by a team of three Cayman directors, who have experience in working with fund and corporate structures including hedge funds, multi-manager funds, private equity, debt and insurance structures in the Cayman Islands.
Crestbridge said that the team will initially focus on providing specialist corporate governance services to the alternative funds sector.
Crestbridge CEO Graeme McArthur said: "We are delighted to have such an experienced team joining us and bringing with them market leading expertise in the specialist sectors they will serve.
"Given the demand for Cayman based services from our existing client base, Crestbridge opening its doors in the Cayman Islands makes sense not only for our existing clients, but for our overall growth strategy."
Crestbridge provides a range of fund, real estate, corporate, capital markets and family office services with its offices in Jersey and Luxembourg. It administers over $60bn of assets across multi-jurisdictional structures, and supports a range of blue chip corporate and institutional clients.
