Gen II Announces New Head of Client Services – Luxembourg, Following Its Recent Acquisition of Crestbridge
Updated on: May 10, 2024
Gen II makes senior client service appointment in Luxembourg to support evolution of Luxembourg proposition and drive its European growth strategy
Gen II Fund Services (Gen II) has appointed Richard Browne as Head of Client Service - Luxembourg, as part of its continuing goal to become the leading global private capital fund administrator.
In his new role, Richard will be instrumental in ensuring the provision of first-class services through the business’s highly experienced, expert team in Luxembourg. He will be responsible for developing Gen II’s expanded full service offering in the jurisdiction, encompassing fund administration as well as ManCo and depositary capabilities. Richard will also work with Gen II’s senior team across its network of offices, to contribute to the business’s continuing growth in Europe and globally.
With 25 years’ experience in the finance industry, Richard has a deep knowledge of the international fund administration sector and considerable expertise in building, developing, and leading talented teams dedicated to service excellence.
He joins Gen II having most recently served as Deputy CEO and Head of Private Asset Fund Administration at a bank-owned fund service provider in Luxembourg. Prior to this he held several senior level roles in both Luxembourg and Guernsey at another major multijurisdictional fund administration business.
Richard’s appointment follows the recent announcement of the successful close of Gen II’s acquisition of Crestbridge, as the business continues to pursue a growth strategy in Europe.
Michael Johnson, Chief Commercial Officer - Europe, Gen II said:
“It’s an incredibly exciting time for Gen II as we continue to expand our European service offering, and our expert team in Luxembourg is a key part of that. We’re now able to offer a full-service proposition through Luxembourg, spanning fund administration as well as management company and depositary services. Richard will be pivotal in overseeing and ensuring the provision of seamless, first-class experience for our clients across Europe and globally.”
Steven Millner, CEO of Gen II added:
‘It’s fantastic to welcome an industry professional of Richard’s reputation and experience to lead our expanded team in Luxembourg. As demand for expert support across fund administration and management company services continues to grow in the jurisdiction, Richard’s leadership will be invaluable in securing Gen II’s reputation both in Luxembourg, and globally, as the leading provider of private capital administration services.’
About Gen II
Gen II is a leading global fund administration provider focused entirely on serving private capital asset managers and investors. Since its inception in 2009, the company has become one of the largest independent global private capital fund administrators, with more than $1 trillion of private fund capital under administration. Gen II offers private fund sponsors a best-in-class combination of people, process, and technology, enabling GPs to manage their operational infrastructure, financial reporting, and investor communications most effectively. For more information, please visit gen2fund.com.
Media Contact:
Daniel Jason
Material Impact
dan.jason@wearematerialimpact.com
Published on: May 10, 2024
