Crestbridge restructures in Bahrain

Crestbridge, the C.I.-based administrator, has restructured its Bahrain business, separating its trustee and fund administration businesses: Crestbridge Bahrain BSC and Crestbridge Funds Services W.L.L. respectively. Crestbridge has been granted a new fund administration licence by the Central Bank of Bahrain to continue its fund administration operation. Crestbridge has administered funds and provided administration and operational governance services in Bahrain for 17 years, and acquired Ohad Trust in 2017. AuA has grown to >USD6bn.

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