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Independent corporate and fund services provider Crestbridge has reported growth in both the value of investment fund assets it manages (AUM) within its management company (ManCo) as well as assets it administers within corporate structures (AUA) through its Luxembourg office, whilst also surpassing its 50th new client entity this year.
As at 1 November 2014, Crestbridge Luxembourg had a combined AUM and AUA of EUR2.75bn, citing a particular rise in the number of funds using its third-party management company (ManCo) services to 14, with an AUM of EUR1.45bn. At the same time, the firm has also grown the value of the entities its Corporate Services team administers principally for alternative fund managers to EUR1.3bn, on behalf of more than 36 client entities...
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