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.