Apex Group to acquire India-based BEST Alternative Advisory Services
The move is the latest global acquisition by Apex Group, following the recent acquisitions of Australia-based Mainstream Group and New Zealand-based MMC.
The move is the latest global acquisition by Apex Group, following the recent acquisitions of Australia-based Mainstream Group and New Zealand-based MMC.
Incoming MD rejoins Apex after previously serving in several management roles across Apex’s locations in Toronto, Uruguay and Mauritius.
New five-year agreement includes transfer agency reconciliations.
Following the purchase of Mainstream Group in Australia, Apex Group bolsters its regional presence with its first base in New Zealand through deal for administrator.
The appointment will see Apex support Maryland-based RailField’s fund accounting needs for their first institutional LP funds.
New mandate follows a string of fund administration appointments won by Apex over the past year.
Approval allows for further growth in Apex’s India business, following the recent opening of the financial services provider’s third Indian location in Mumbai.
The new mandate follows a string of fund administration appointments won by Apex over the past year.
This latest appointment follows a string of fund administration mandates won by Apex over the past year as it adds organic growth to fierce M&A activity.
Following the successful transaction, Apex has increased its assets across administration, depositary, custody and under management to $1.5 trillion.