Manager Relocation Services

Crestbridge – providing peace of mind for fund managers

We work closely with fund managers and their advisors to determine the optimal outsourcing solution for support functions, enabling the fund manager to focus on core competencies such as fund raising, investment and divestment, and management of investor relations. Our solutions range from offering regulatory support to the subsidiary entity of the investment manager group,  to providing a full service including management company, office space, directors, compliance officers, operational and clerical staff and a website.

Adopting a partnership based approach, we work closely with fund managers and adapt our offering to meet the individual requirements of each client.

A responsive service you can rely on

Relocating staff and businesses can be a time-consuming exercise, so fund managers need to feel confident that any outsourced function is being administered and managed in the most effective way.

As a privately owned company, we are able to adapt our services to meet your exact needs, making decisions quickly and acting accordingly in order to achieve the best outcome. Combining a responsive, high quality service with a friendly approach, our objective is to ensure that the commercial goals of our clients are met.

A motivated team of specialists

Providing support to fund managers requires a team with strong technical skills, exceptional attention to detail and the ability to meet tight deadlines. Our team includes specialists in asset classes, experienced qualified accountants and chartered secretaries, who are familiar with the regulatory environment and challenges of running funds businesses.

We invest heavily in our staff and promote a strong work ethic in order to provide clients with the best possible support team.

We offer a flexible range of services, designed to deliver complete peace of mind to our clients.

We are able to:

  • Ring-fence business interests
  • Make available a team of dedicated staff to support the outsourced activities
  • Develop tailored procedures to meet the needs of the client
  • Provide dedicated office space and facilities
  • Provide oversight to ensure the local client entity maintains legal and regulatory compliance
  • Make available suitably experienced staff to support local activities

Our services include:

Compliance support services

  • Provision of Money Laundering Reporting Officer (MLRO)
  • Provision of Money Laundering Compliance Officer (MLCO)
  • Design and preparation of all risk and compliance related reporting and testing programmes
  • Provision of procedures manual
  • Provision of local anti-money laundering training
  • Provision of regulatory and legislative updates
  • Monitoring of continuing professional development as required
  • Assistance with reporting requirements as a result of suspicious transactions
  • Ensuring compliance with applicable laws and regulatory policy
  • Provision of four or six eyes oversight
  • Monitoring and reviewing reports from the administrator of the underlying funds

Manager obligations

  • Approval of financial statements of the local manager
  • Approval of marketing material
  • Approval of reports to investors for distribution by the administrator
  • Oversight and monitoring of compliance with agreed investment criteria
  • Assistance with drafting business plan
  • Monitoring and compliance with appropriate codes of practice

Accounting and reporting services

  • Provision of bookkeeping and accounting services to the local manager
  • Provision of financial statements to UK GAAP, IFRS or US GAAP standard
  • Calculation and verification of management fees
  • ANLA calculations

Tailored administration and secretarial services

  • Registered office and company secretarial services
  • Establishment of local manager and associated vehicles
  • Dealing with migration of existing manager
  • Establishment and operation of bank accounts to include batch processing
  • Preparation of board packs, convening and attending board meetings of the local manager and preparation of minutes and action lists
  • Provision of directors / introduction to non-executive directors
  • Obtaining PI and D&O insurance quotes
  • Performance monitoring
  • Administration of carry, holding and employee incentive vehicles
  • Liaison with administrator and other service providers
  • Liaison with advisors and ensuring timely submission of applicable tax / statutory returns

Office support

  • Provision of office space
  • Provision of staffing resource
  • Assistance with HR obligations
  • Best practice and corporate governance
  • Assistance to develop policies and procedures
  • Liaison with regulatory bodies and service providers
  • Drafting and monitoring business continuity plans
  • Dedicated phone / fax lines / teleconference and greeting facilities
  • Safekeeping services
  • Provision of meeting room facilities

IT support services

  • General IT support and consultancy
  • Assistance with installation
  • Web hosting
  • Virtual office space
  • Web portal
  • Servers / Cloud / Email
  • Backup support
  • IT input into Business Continuity Plan