International asset management consultancy, MJ Hudson, announces that it has acquired Bridge Group, a funds service provider based in Ireland, conditional on Irish regulatory approval. The acquisition will build on MJ Hudson’s specialist funds operations in London, Luxembourg and Guernsey and adds a strategically important geography to the MJ Hudson network.
Bridge Group is a Dublin based provider of specialist support services to the funds sector. Founded in 2005, it offers regulatory compliance, domiciliation and risk services and is authorised to provide third party management services to both UCITS and alternative investment fund platforms (AIFM and UCITS management services, commonly referred to as a “Super Manco”). Bridge Group has 27 permanent staff, servicing 100 asset managers, with more than Euro 120bn in assets.
MJ Hudson works with clients in the fields of law, international administration, fund management, investment advisory, and IR and marketing, across both alternative and traditional asset classes.Gresham House Strategic PLC (LON:GHS) has a 1.3% ownership of MJ Hudson as of June 2018.