Shortlist announced for annual Industry Leaders Awards which return to honour fund administrators and prime brokers through survey-related awards and Editors’ Choice categories.
The acquisition of Sanne would add a further £500 billion of assets to Apex’s ranks, tipping the fund administrator over the $2 trillion mark in AUA
The acquisition of GCG marks the eighth deal announced by Apex following a spree of acquisitions by the Group in FY21.
JP Morgan is anticipating AuA to rise further to $700 billion by the end of year, which would represent a 40% increase in the last 18 months.
The move comes as custodians review their legacy technology platforms in order to cater for the many nuances and complexities inherent in private markets.
Carlyle expands existing relationship with Apex Group with additional investment while Mubadala joins as a new investor.
New fund aims to be the world’s largest sharia-compliant tech-focussed private equity fund.
The mandates adds to a growing list of Soc Gen’s depositary and fund administration business wins across Europe.
Private equity administrator agrees to enter talks over a possible £1.4bn ($1.97bn) takeover.