Apex Group has been appointed by Middle Eastern private equity firm Aliph Capital to provide a range of fund services.
Aliph Capital is an alternative investment manager focused on mid-market private equity across the GCC region.
Apex will provide the firm with financial information, multi-currency transaction processing and flexible valuation periods. Apex’s fund administration solution supports the secure transfer of data, servicing structures across all asset classes and regions.
Venki Subramanian, managing director, Abu Dhabi at Apex Group, said: “We are excited to be working with Aliph Capital to support their active participation in the regional diversification drive, supporting companies to thrive and sustain into the future through active ownership and tech enablement. Our fund administration services will enable the Aliph Capital team to focus on deploying capital with the highest levels of efficiency and regulatory compliance.”
Huda Al Lawati, CEO, Aliph Capital, added: “Apex Group have an excellent reputation in the Gulf region, and we are pleased to be working with a partner that demonstrates values aligned with our own commitment to promoting diversity and inclusion in the financial services industry.”
The appointment follows a duo of New Zealand-based acquisitions for Apex, which penned deals for Implemented Investment Holdings and InvestNow in September this year.