Oakbridge Funds, a specialist independent fund administrator based in Jersey has launched to service the alternative funds sector.
With a focus on the main alternative asset classes with Private Equity and Venture Capital, Oakbridge Fund Services (Jersey) Limited (‘Oakbridge Funds’) will provide administration services to offshore closed and open-ended funds and corporate structures.
The Oakbridge Funds team previously worked together at a fund administration business and collectively have more than 40 years’ experience of working in the fund services sector.
Private equity professionals Robin de Gruchy-Wilson, Alex Smyth and Jonathan Crawford will lead Oakbridge Funds’ operations and service led approach. Jamie Crawford joins the Oakbridge Funds Board as a Director. Jamie brings knowledge of financial services and investments and is a Director of ED Group.
Oakbridge Funds will utilise resources and experience of its majority owner, ED Group, an investment business with activities in the UK, Europe, North America and the Channel Islands. In Jersey, ED Group also owns a regulated Investment Business, Oakbridge Limited, and a regulated Trust Company Business, ED Capital Limited.
Oakbridge Funds Managing Director, Robin de Gruchy-Wilson, said: “We have founded Oakbridge Funds with a clear vision. We are a dynamic and ambitious team. We have a clear strategy for growth and our independent ownership structure means we are navigators of our own journey.
“We are based in Jersey with a focus on carrying out fund administration for multi-jurisdictional funds using industry leading technology and have no intention to outsource any of this work. We believe in excellence and attention to detail and our experienced Jersey based team is very well placed to achieve this.”
ED Group Director, Jamie Crawford, said: “Our venture with Oakbridge Funds echoes ED Group’s ethos of investing in and helping innovative companies grow. We already have substantial experience and resource in the local financial services sector between our existing trust company and investment businesses. We look forward to working with Robin, Alex and Jonathan to grow Oakbridge Funds into a leading specialist administrator in the funds sector.”
