Apex Fund Services Opens Cayman Islands Office

Feb 22 2011 | 8:13am ET

UK-based Apex Fund Services, a global fund administration business, has opened an office in the Cayman Islands.
 
The office has been established by Alric Lindsay, formerly an investment funds attorney with Maples and Calder and Ogier. Lindsay continues to act as an independent party, advising Apex on the growth of the business and working with Apex group managing director, Peter Hughes, and Apex employees Rayal Bodden and Shane Edwards.

Said Hughes, “Apex continues to grow rapidly as we support an increasing number of investment managers located all over the world. Apex already has over 220 funds registered in the Cayman Islands that it provides administration services making the opening an office an obvious choice for the next step of our global growth strategy.”

Apex has a staff of 190 and $16 billion in assets under administration. Its client base consists of hedge fund, long only and private equity managers, ranging in size from start-up operations to global businesses.

The company says the new office is part of its strategy of “giving fund managers access to all of the world's financial centers and providing the full suite of Apex’s fund administration services via its network of global offices.”

Apex is licensed to provide the following services in the Caymans: independent directors, local directors, Apex directors, corporate secretarial services and registered office services.

 


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR