Independent fund, trust and corporate service provider Crestbridge has appointed Colin Targett as a director, based at the firm’s Jersey headquarters. His remit is to focus on growing Crestbridge’s liquid fund administration and ManCo offering following the recent approval given by the Jersey Financial Services Commission (JFSC) to provide Management Company solutions to investment funds.
Targett started his investment funds career with KPMG in Bermuda and has held a range of roles within the fund administration environment. In 2011 he established Apex Fund Services (UK) Ltd in London and most recently was head of fund accounting at Pantheon Ventures, a global private equity firm with over US$30 billion under management across multiple global jurisdictions. He is an experienced chartered accountant with a breadth of experience in global fund structures and specialist fund domiciles.
Crestbridge calculates that it currently has over $60 billion of assets under administration across multi-jurisdictional structures.