Oakbridge, a specialist independent administrator based in Jersey has launched a service for the alternative funds sector.

Expert in the main alternative asset classes with a focus on Private Equity and Venture Capital, Oakbridge’s funds team will provide administration to offshore closed and open-ended funds.

The team previously worked together at a pan European multi-jurisdictional fund administration business and have over 50 years’ combined experience of working in the fund services sector.

Experienced private equity professionals Robin Wilson, Alex Smyth and Jonathan Crawford will lead Oakbridge’s funds’ operation. Jamie Crawford, Head of Corporate joins the board of Oakbridge Funds (Jersey) Limited as a Director. Jamie brings a wealth of financial services and investment knowledge.

Robin Wilson, Head of Funds, said: ‘We have founded Oakbridge’s funds operation 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.’

’Our launch comes at a time when there is demand in the market for a truly independent specialist provider. We are based in Jersey, carrying out fund administration for multi-jurisdictional funds and have no intention to outsource any of this work. We believe in excellence and attention to detail and no one can achieve this better than our own experienced team based in Jersey.’

Head of Oakbridge group, Jamie Crawford, said: ‘We have a long track record in the financial services sector and have been providing corporate services in house since 2009, being regulated since 2017. We look forward to working with Robin, Alex and Jonathan to grow our Funds offering using the Oakbridge approach to establish it as a leading specialist administrator in the funds sector.’

Oakbridge Funds was registered for Fund Services Business and Trust Company Business by the Jersey Financial Services Commission in December last year.