Apex to provide fund administration services to Marlin Capital Partners

The new mandate follows a string of fund administration appointments won by Apex over the past year.

By Wesley Bray

Apex Group has been appointed by boutique asset management and advisory firm Marlin Capital Partners to provide fund administration and accounting services.

The Bahamas-headquartered hedge fund is licensed and regulated by the Securities Commission of The Bahamas to offer advisory services and manage assets on a discretionary basis.

Apex Group and subsidiary Throgmorton have been appointed by Marlin to provide outsourced management company, middle-office and fund administration services.

The mandate comes before the launch of Marlin’s Dauntless Fund, which is said to focus on arbitrage opportunities within the digital asset space.

Apex’s single-source solution will enable Marlin to create efficiencies, reduce costs and improve controls by outsourcing the back-, middle- and front-office operational framework.

“Robust middle- and back-office functions are paramount to the smooth running of a fund and to meeting the highest investor reporting expectations,” said Jason Meklinsky, head of business development, Americas at Apex Group.

“As regulatory compliance requirements continue to evolve, operational efficiency and economies of scale are vital. We look forward to working with Marlin on their pioneering new fund, allowing the team to focus on performance and growth, whilst our dedicated and experienced experts support their operational needs.”

This latest appointment to deliver fund administration services follows a string of mandates won by Apex over the past year.

Last month, Apex won the fund administration mandate for Miami real estate fund Midtown Capital Partners.

In addition, in September, Apex won two new fund administration mandates in consecutive days, firstly from real estate fund Masdar Green and then from the US Gold Opportunity Fund. 

Alongside Apex Group’s busy M&A activity this year, additional mandates won by Apex include agreements with Bee Alternatives, American Venture Partners, and Federation Asset Management.

We are pleased to appoint Apex to provide their integrated outsourced solution,” said Richard Heathcote and Zachary Lyons, partners at Marlin Capital Partners.

“They have demonstrated ability to meet our service requirements seamlessly across time zones and we have been particularly impressed by the flexibility and responsiveness of their client service model and exceptional expertise of the team.”