Key Takeaways
- • Gen II Fund Services has appointed Niel Krastin as Director, Private Equity Funds in Guernsey, expanding its on-the-ground presence in the jurisdiction.
- • Krastin brings 20 years of financial services and fund administration experience, including more than 12 years in South African asset management, where he led a fund accounting division for over eight years.
- • Krastin most recently served as Client Relationship Director, Funds, and has long-established ties to Guernsey, where he and his family have lived for several years.
- • Gen II Fund Services frames the appointment as part of building local presence for private equity, credit and real asset structures, with Matt Beresford (Country Head, UK and Channel Islands) and Michael Johnson (Chief Commercial Officer) leading the messaging.
Summary
Gen II Fund Services has appointed Niel Krastin as Director, Private Equity Funds in Guernsey, according to Channel Eye. The appointment strengthens Gen II's local team in the Channel Island jurisdiction, where the firm states it is building a presence with experienced staff supporting clients.
Krastin brings 20 years of experience in financial services and fund administration, spanning fund accounting, financial reporting, operations and client service. He has been based in Guernsey for several years and most recently served as Client Relationship Director, Funds. Prior to that, he held a series of senior fund administration and client service roles in the jurisdiction. Earlier in his career, he spent more than 12 years in asset management in South Africa, including more than eight years leading a fund accounting division.
Matt Beresford, Country Head, UK and Channel Islands at Gen II Fund Services, said Krastin brings "strong technical fund administration experience, senior client service expertise and a deep understanding of the Guernsey market," adding that the firm is "proud to be building our presence in Guernsey with experienced people on the ground."
Michael Johnson, Chief Commercial Officer at Gen II Fund Services, described the local team as central to the firm's client offering. He said clients benefit from "local expertise combined with the technology, reach and scale of a transatlantic powerhouse," particularly as fund and investor requirements grow more complex across jurisdictions.
Gen II's Guernsey office, per the firm's website, provides specialist support for private equity, credit and real asset structures. The firm is licensed in Guernsey to carry on Controlled Investment Business.
Krastin brings 20 years of experience in financial services and fund administration, spanning fund accounting, financial reporting, operations and client service. He has been based in Guernsey for several years and most recently served as Client Relationship Director, Funds. Prior to that, he held a series of senior fund administration and client service roles in the jurisdiction. Earlier in his career, he spent more than 12 years in asset management in South Africa, including more than eight years leading a fund accounting division.
Matt Beresford, Country Head, UK and Channel Islands at Gen II Fund Services, said Krastin brings "strong technical fund administration experience, senior client service expertise and a deep understanding of the Guernsey market," adding that the firm is "proud to be building our presence in Guernsey with experienced people on the ground."
Michael Johnson, Chief Commercial Officer at Gen II Fund Services, described the local team as central to the firm's client offering. He said clients benefit from "local expertise combined with the technology, reach and scale of a transatlantic powerhouse," particularly as fund and investor requirements grow more complex across jurisdictions.
Gen II's Guernsey office, per the firm's website, provides specialist support for private equity, credit and real asset structures. The firm is licensed in Guernsey to carry on Controlled Investment Business.
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