Apex to hire 500 fund services experts in Johannesburg
Apex Group plans to hire more than 500 new fund services experts in Johannesburg this year in order to better service its growing global client base. Asked if this hiring plan was related to the much-discussed industry challenge of attracting new staff in Luxembourg, an Apex spokesperson said South Africa was seen as an “onshore” hiring opportunity following the acquisitions of Sanne and Maitland in 2022.
Apex Group to rebrand after absorbing Sanne, Maitland
Apex Group in January will bring all its different management company sub-brands under a single brand. Now that the major takeovers of Sanne and Maitland are closed, country head Pierre Weimerskirch told Investment Officer more acquisitions can be expected, although not directly in Luxembourg. “There are some markets where we are still not at the level where we want to be.”
Apex to support American Cancer Society impact fund
Apex Group on Tuesday said it has been appointed by BrightEdge LLC, the impact investment and venture capital arm of the American Cancer Society, to support the ACS Impact Venture Fund with fund administration services.
Apex opens Swedish office, buys New Zealand's IIS
Apex Group, a Bermuda-headquartered fund services provider with substantial operations in Luxembourg, has opened a new office in Stockholm from which it will service clients in the Nordics region. The firm also has announced it acquired the parent company of IIS and InvestNow in New Zealand.
Apex buys Canada’s Prometa Fund Support Services
Apex Group, a fund services provider with substantial operations in Luxembourg, on Thursday said it has acquired Prometa Fund Support Services Inc., a Canada-based provider of fund services. Financial details were not disclosed.
Apex picks Darwin to boost depositary services in Europe
Apex Group is adding another firm to its growing string of acquisitions, announcing that it plans to take over Amsterdam-based Darwin Depositary Services, a firm that provides depositary services to alternative investment funds in Europe. Financial details were not disclosed.
As the only independent AIFMD depositary in mainland Europe, Darwin provides services to a range of international clients, including hedge funds, real estate, debt and private equity funds as well as funds investing in infrastructure and renewable energy.