Sat, Dec 5, 2020
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Crestbridge announces change in senior leadership

Friday, November 20, 2020
Opalesque Industry Update - Dean will relocate to Jersey, from London, in April 2021 to take up the role subject to regulatory consent and will work closely with Graeme and Crestbridge's senior leadership team to ensure a smooth transition prior to taking up the role as CEO in July 2021.

Dean Hodcroft is one of the best-known names in European real estate consulting and will be joining Crestbridge from Cale Street, a leading real estate investment and finance firm. During his six years with the firm, Cale Street has invested €2.6bn of capital into complex transactions in the US, UK and various European jurisdictions. Prior to joining Cale Street in 2015, Dean spent 26 years working for Ernst & Young in London, having led their Real Estate Tax group for the UK and acted as Head of their Real Estate Industry practice for EMEIA, where he advised the firms major clients including real estate funds, investors, developers, family offices and sovereign wealth funds.

Graeme, joined Crestbridge in 2010. He has overseen the growing success of the business over the past decade which has included the expansion of its footprint from Jersey into the key financial centres of London, Luxembourg, New York, Cayman and Bahrain. The business has grown from 50 to 350 employees and now provides outsourced administration services to a high-quality book of institutional and family office clients with structures holding assets in excess of USD130bn. After stepping down from this leadership role, Graeme intends to stay with Crestbridge and work with clients with whom he maintains strong relationships.

Crestbridge Chairman, John Harris, said: "Graeme has made a remarkable contribution to the success of the Crestbridge Group providing the vision and long-term client focus that will support our future continued growth. The robust platform established under his leadership places Crestbridge in a strong position to achieve our ambitions for future success. We are delighted to appoint Dean as Graeme's successor and look forward to the new perspective that his skills and experience will bring to us."

Graeme McArthur said: "It has been a pleasure to lead and be part of the growth of Crestbridge over the past ten years, in that time I have had the privilege to work with so many talented people here. Crestbridge has a truly a unique culture and one that I am proud to have developed and been a part of. Dean has a strong background in real estate and funds that is in tune with our heritage, and I know that the business will go from strength to strength under his guidance."

Dean Hodcroft added: "I am excited to be joining Crestbridge and focusing on the future growth and wider strategic plans over the coming years. As a client, I have witnessed the dedication to client service and operational excellence after working closely with the Crestbridge team over a number of years. I am now looking forward to working with the team as colleagues to drive the next phase of growth for the business."

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Renaissance, Two Sigma see losses as quant giants navigate chaos, Hedge fund run by BofA veterans trounces 99% of Brazil peers, Amid a tough year, CQS makes changes - and sees a rebound[more]

    Renaissance, Two Sigma see losses as quant giants navigate chaos From Bloomberg: Two of the hedge fund industry's quantitative powerhouses are getting tripped up this year as wild markets throw off their investing models. Renaissance Technologies, which manages the world's biggest q

  2. Investing: Hedge funds bet on tech ahead of unpredictable fourth quarter, The Tiger crowd's fresh buys, raises Uber stake, David Einhorn adds Twitter and Intel shares, keeps big bets on inflation, Palantir stock rockets to record highs as hedge funds disclose stakes, Trian dumped GE stock, but Druckenmiller stood pat in Q3 as SEC probe heated up[more]

    Hedge funds bet on tech ahead of unpredictable fourth quarter From Bloomberg: Hedge funds mostly stuck with the safety of technology stocks during the third quarter as they headed toward the uncertainty of this month's U.S. election. If they're still holding on to those wagers, it will

  3. SPACs: As Ackman hunts blockbuster deal, he counts on big backers[more]

    From Reuters: Hedge fund veteran William Ackman has the support of some of Wall Street's top investors as he tries to pull off the biggest-ever deal carried out by a blank-check acquisition company, according to regulatory filings published in the last few days. Among the heavy hitters rounded u

  4. Bill Ackman is bullish on stocks for 2021, but has a hedge position for a 'tragic' end to 2020[more]

    From CNBC: Billionaire hedge fund manager Bill Ackman, who made big money betting against the markets earlier this year, said he's optimistic about a recovery in 2021, but investors will need to get through a "tragic" year-end first. "We think the next couple of months unfortunately are going to

  5. SPACs: Media, energy-focused SPACs raise $561m in market debuts[more]

    From Law 360: Two blank-check companies, one led by former Disney executives and the other backed by Apollo Global Management, started trading Wednesday after raising a combined $561 million in initial public offerings. Forest Road Acquisition Corp. raised $261 million in its upsized debut, wh