Dean Hodcroft, chief financial officer and a founding partner of Cale Street Partners, is to take the helm of Crestbridge in April 2021, succeeding Graeme McArthur as group CEO.
Hodcroft will relocate to Jersey, from London, to take up the role, subject to regulatory consent. He will work closely with McArthur and Crestbridge’s senior leadership team to ensure a smooth transition prior to formally taking over as CEO in July 2021.
Hodcroft is one of the best-known names in European real estate consulting and will be joining Crestbridge from Cale Street, a major real estate investment and finance firm.
During his six years with the firm, Cale Street invested €2.6 bn of capital into complex transactions in the US, UK and various European jurisdictions. Prior to joining Cale Street in 2015, he spent 26 years working for Ernst & Young in London, having led their real estate tax group for the UK and acted as head of their real estate industry practice for EMEIA, where he advised the firm's major clients including real estate funds, investors, developers, family offices and sovereign wealth funds.
McArthur joined Crestbridge in 2010. He has overseen the success of the business over the past decade which has included the expansion of its footprint from Jersey into the key financial centres of London, Luxembourg, New York, Cayman and Bahrain. The business has grown from 50 to 350 employees and now provides outsourced administration services to ahigh-quality book of institutional and family office clients with structures holding assets in excess of $130 bn. After stepping down from this leadership role, he intends to stay with Crestbridge and work with clients with whom he maintains strong relationships.
