Gen II Fund Services, the U.S.-based independent private capital fund administrator, has closed the acquisition of Crestbridge, a UK-based provider of private capital fund administration services. The acquisition of Crestbridge expands Gen II’s presence in Luxembourg and adds jurisdictional reach in the UK, Jersey, Ireland, and other international markets, significantly broadening Gen II’s global service reach and product capabilities. The acquisition increases Gen II’s AuA to >USD1trn. Dean Hodcroft, formerly CEO of Crestbridge, will lead Gen II’s European operations.
