EM wealth manager to open office in Monaco

UK-headquartered wealth manager Crossbridge Capital is to open an office in Monaco, InvestmentEurope can reveal.

The firm launched by Tarek Khlat and Jean-Pierre Aoun in 2008 provides financial services to high-net-worth individuals, families, business owners and mid-size institutions based in emerging markets countries.

At the end of March, Crossbridge Capital has received the regulatory approval of the Monegasque government to establish itself in the Principality.

Crossbridge Capital operates in many emerging markets – from Istanbul to Ulan Bator, Moscow to Dodoma – supported by teams located in three locations: London, Singapore and Malta.

Minority shareholders in Crossbridge Capital include Julius Baer and Banque Audi (Suisse).

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