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

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

Analyzing The Digital Footprint: What Operational Data Can Tell You About Future Risk

Mar 30 2017 | 3:38pm ET

Advances in technology and increasing operational complexity in search of higher...

 

From the current issue of