Crestbridge awarded Luxembourg licence
December 4, 2019

Crestbridge has been granted a funds administration licence in Luxembourg in a move that it says significantly bolsters its capabilities in the jurisdiction and its multijurisdictional proposition for alternative fund managers.

Granted by Luxembourg's financial services regulator, the Commission de Surveillance du Secteur Financier (CSSF), the new licence enables Crestbridge to provide a broad range of fund administration services from Luxembourg, complementing the well-established Management Company (ManCo) solution already provided from the jurisdiction.

Crestbridge established its ManCo (management company) in Luxembourg in 2011 and was one of the first businesses to establish an AIFM (alternative investment fund manager) in early 2014, providing a third-party management company solution for managers of both UCITS (undertakings for collective investment in transferable securities) and alternative investment funds with pan-European distribution needs. The business is also one of the only third-party management companies in Luxembourg to hold a European Venture Capital (EuVECA) licence.





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Crestbridge has been granted a funds administration licence in Luxembourg in a move that it says significantly bolsters its capabilities in the jurisdiction and its multijurisdictional proposition for alternative fund managers.

Granted by Luxembourg's financial services regulator, the Commission de Surveillance du Secteur Financier (CSSF), the new licence enables Crestbridge to provide a broad range of fund administration services from Luxembourg, complementing the well-established Management Company (ManCo) solution already provided from the jurisdiction.

Crestbridge established its ManCo (management company) in Luxembourg in 2011 and was one of the first businesses to establish an AIFM (alternative investment fund manager) in early 2014, providing a third-party management company solution for managers of both UCITS (undertakings for collective investment in transferable securities) and alternative investment funds with pan-European distribution needs. The business is also one of the only third-party management companies in Luxembourg to hold a European Venture Capital (EuVECA) licence.



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