The plans mark a major strategic move for the company, beyond its established Middle Eastern, London-focused client base.
Crossbridge Capital Group CEO Tarek Khlat said that the company will focus on the market in Singapore and the opportunities it offers as a leading international financial center.
“We are expecting to witness a sizable increase in our client base in the region by capitalizing on our proven, integrated and independent wealth management model,” Khlat said.
Crossbridge currently manages about $2bn in assets from its London base, with an average account size of $20m.
Crossbridge Capital is a company incorporated in Malta with a regulated UK
investment advisory subsidiary. It was launched in 2008.
