New head formerly of AEW, Vastardis Capital Services and Alter Domus, brings over 22 years’ experience to the role.
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 transaction will add more than £25 billion of assets under administration to Sanne and will augment its footprint in the European private equity market.
Private equity administrator agrees to enter talks over a possible £1.4bn ($1.97bn) takeover.
Private equity administrator covering Denmark, Sweden and Guernsey to be sold to fast-emerging fund services provider Sanne Group.
SANNE’s Tokyo office will be operational from the start of 2019 and will initially focus on servicing existing real estate clients in the region.
SANNE’s Mauritius office is the second largest staffed office across the administrator’s global network, with more than 200 clients service staff.
Tracy Burns joins SANNE from RBSI where she was previously chief administration officer.