Industry news / 13 June 2018
Crestbridge private equity credentials highlighted with Drawdown Awards win
Independent fund service provider Crestbridge has been recognised for its private equity expertise at a major industry awards ceremony this week.
At a gala dinner on Tuesday 12th June in London attended by over 140 senior representatives from across the European private equity sector, the company won the ‘Fund Administrator – Under $30bn in AUA’ category at the inaugural Private Equity European Services Awards, hosted by leading private equity title The Drawdown.
Designed to celebrate and reward service providers to the private equity space who have demonstrated exceptional customer service, innovation and product development over the past 12 months, the Awards featured more than 20 categories, recognising excellence across a range of services and solutions.
Also shortlisted in the same category as Crestbridge were Maitland Group and Centaur.
Commenting on the win, Michael Newton, Head of Fund Services, Crestbridge, said: “Last year, Crestbridge achieved growth across the Group including establishing a presence in the GCC and growing our London office to offer enhanced private equity capabilities. Within our funds business, we also significantly bolstered our multijurisdictional teams and grew our client base by an unprecedented 38%.”
“This award win is a reflection of these significant achievements and of the expertise of our fantastic team, and we’re focused on maintaining this momentum as we continue to help our clients achieve further success in the months ahead.”
With a 20-year heritage in financial services, Crestbridge offers a range of fund, real estate, corporate, capital markets and family office solutions. It serves a broad range of blue chip corporate and institutional, UHNW and family office clients.