Gen II Fund Services (Gen II) has appointed Richard Browne as head of client service – Luxembourg, following the recent announcement of the successful close of its acquisition of Crestbridge, as the business continues to pursue a growth strategy in Europe.
In his new role, Browne (pictured) 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.
He 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, he 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 a number of senior level roles in both Luxembourg and Guernsey at another major multijurisdictional fund administration business.
His 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.”
