UK-headquartered, emerging market specialist wealth manager Crossbridge Capital is to open an office in Monaco, International Investment can reveal.
Crossbridge, which was launched in 2008 by Tarek Khlat and Jean-Pierre Aoun, provides financial services to high-net-worth individuals, families, business owners and mid-sized institutions based in emerging market countries.
At the end of March, Crossbridge Capital received the regulatory approval of the Monegasque government to establish itself in the Principality.
Crossbridge Capital operates in a number of emerging markets – from Istanbul to Ulan Bator and Moscow to Dodoma – supported by teams located in London, Singapore and Malta.
Minority shareholders in Crossbridge Capital include Julius Baer and Banque Audi (Suisse).