Mourant acqui res Redbridge Offshore
Mourant, a legal and specialist administration services provider, has acquired fund administrator Redbridge Offshore Ltd. The acquisition brings together Jersey's largest private equity fund administrator with a well-known Guernsey-based private equity and closed-end funds administrator. Redbridge has funds under administration of in excess of $5.2bn of committed capital and its client list includes some of the world's best known fund groups. The company will operate as part of Mourant's international finance administration division, a major Jersey-based fund administrator with around $14bn of assets under administration. John Loveridge and Michelle Bewey will continue as managing director and executive director respectively.
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