Apex Group has made several senior appointments to its fund services sales team and transitioned former Deutsche Bank directors to new leadership roles.
The administrator completed the integration of Deutsche Bank’s Alternative Fund Services team earlier this year.
As part of the reshuffle, Georges Archibald, a former director of alternative funds services sales for Deutsche Bank, has been named head of Apex Americas.
Meanwhile Melanie Cohen, who served as global head of private equity and real estate fund services, has become global head of private equity fund administration, and Jason Sheller, the bank’s former head of fund services sales for the Americas, was named head of private equity sales for the Americas.
In addition, Apex has hired four sales directors across its hedge fund and private equity divisions. They include Anthony Vitale, who joins from SS&C Technologies, Devin Vasquez, a former client development specialist from Ipreo, Gerald Barbara, a business development officer from US Bancorp Fund Services, and Ira Schnell, an ex-institutional sales expert from JNK Securities.
“We are really focusing on bolstering our US market presence, and our investment in this talented, experienced group of new team members marks an exciting and promising chapter for Apex in the region,” said Peter Hughes, founder and CEO, Apex Group.
“Apex is now perfectly positioned to continue to expand locally and focus on tailored solutions for the US marketplace while continuing to thrive on the global fund administration stage.”
Growing the franchise has become a core focus for Apex after its string of acquisitions. In April, it appointed industry veteran Fred Jacobs to the newly-created role chief revenue officer in New York.
Most recently, Apex hired Joseph Holman as global head of allocators.