Apex's global head of fund services touted the service will deliver “dynamic data” to private equity clients.
Deal adds over 600 employees and 6,000 clients to the Apex Group across multiple markets.
As traditional fund administration services become commoditised it is no longer an accurate comparison factor between providers, according to new research.
Fund administrator steps into custody, middle-office and corporate services, along with management company services through flurry of new acquisitions.
The addition of Beacon Fund Services takes Apex's total assets under administration to $610 billion.
The fund administrator also plans to leverage the GoldenSource platform to support its onboarding abilities for other data types.
Apex will take its assets under administration to $600 billion after the acquisitions of the corporate services business from Link Group’s Asset Services
The acquisition adds 660 employees and over 6,000 clients to the Apex Group.
New reporting service to meet growing demand of asset managers worldwide.
Rapidly-growing fund administrator selects Citi to provide custody services to its asset management clients.