The agreement was announced in August last year, alongside news that Custom House’s chief executive officer, Mark Hedderman, had decided to step down.
Emmanuel Tuffuor will help develop both Apex’s private equity administration offering in Northern America and build out its tax service capabilities globally.
Awards evening on 29th November in New York to honour the best in fund administration, prime brokerage, custody and technology innovation.
The deal increases Apex’s AuA to $560 billion, after completing the onboarding process of Deutsche Bank’s Alternative Fund services business in June.
The administrator completed the integration of Deutsche Bank’s Alternative Fund Services team earlier this year.
The move signals a focus on client relationships, following a series of high profile acquisitions by Apex.
The regulatory approvals come ahead of Apex Fund Services planned acquisition of Ipes, expected to close at the end of the third quarter.
Apex Group finalises deal which adds $170 billion in assets under administration to its business.
The deal will add $165 billion in assets under administration to Apex’s portfolio, while taking on 195 new clients.