Crestbridge has appointed Michael Newton (pictured) as Head of Fund Services and John MacFeeters as Client Director.
Mr Newton and Mr MacFeeters will join current Crestbridge Directors Sarah Rayson, Elliot Refson and Alex Le Quesne with the remit of overseeing the firm's international funds proposition from its Jersey office.
In his new role, Mr Newton will take responsibility for clients and developing the firm’s fund services business from Jersey. He joins Crestbridge from State Street in Jersey where he was a Senior Vice President.
As Client Director, Mr MacFeeters is responsible for overseeing the administration of a portfolio of private and regulated public fund structures, whilst maintaining and developing relationships with existing and potential new clients and intermediaries.
Commenting on the appointments, Graeme McArthur, CEO, Crestbridge, said: “Michael and John bring considerable knowledge and an impressive skill set to our fund services team, which will be invaluable as we continue to grow our funds business.
“Against a complex international regulatory backdrop, we are seeing strong demand from alternative fund managers in the UK, Far East and US for high quality fund administration solutions through Jersey and we continue to be focused on providing the highest quality of fund administration services as well as innovative solutions, such as our Jersey ManCo, to meet that demand. Both of these senior individuals will be instrumental in maintaining that growth trajectory as we grow to service client demand.”
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