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Apex launches dedicated capital introductory service in industry first

Peter Hughes

Apex Fund Services has announced the launch of Apex Capital Introduction Services.Apex CIS will assist fund managers with raising new capital through the experience and investor relationships through the experience and investor relationships of Leah Cox, managing director of Apex CIS.Ms Cox, based in the UK, has spent over 15 years working in financial services and previously worked with Bear Stearns and Deutsche Bank, Apex said yesterday.Apex said this is the first time an independent fund administration company has provided a dedicated capital introductory service and is another industry first for Apex.“Through a deep understanding of the investor landscape, Apex CIS will prepare and advise Apex’s clients on the most effective way to raise capital for all fund types including hedge, private equity, real estate and long-only funds,” the company said.“Apex CIS already has a number of clients on board and via Apex’s global network of 33 offices, Apex CIS can assist fund managers in any jurisdiction.”Commenting on the launch of Apex CIS and the Company’s launch 10 years ago, Peter Hughes, Group managing director said:“When I first formed Apex 10 years ago I wanted to create a business with the best people, with the best products and with significant scale that would allow it to make a real difference to the financial services sector.“It is incredibly satisfying to see the whole Apex family working hard towards one goal; bringing the highest levels of service possible to our clients along with the widest range of products.“This strategy is clearly appreciated by managers, demonstrated by the growing number of clients we have around the world benefiting from our advice, experience and local service centres.“My focus is to develop new services that enable our clients to grow their businesses in a tough environment and I am delighted to celebrate Apex’s 10th birthday with the launch of Apex CIS. Raising new capital is the biggest challenge for most managers and I am very proud that Apex will be playing a key role in helping to bridge their funding gap.”Ms Cox added: “Apex is the ideal service provider for emerging and established managers to partner with and be able to access Apex’s extensive range of services including free office facilities, portfolio and order management, cloud technology, fund administration and now capital raising. Apex can provide much needed support to funds in the early days and beyond.“Adding capital introduction will give our managers more opportunity to target the right investors, at the right times and have a better chance of securing the investment they need.”Apex has more than $24 billion under administration, more than 400 clients and over 320 employees in 33 offices across 26 countries.Apex offers a number of platforms including, US, Bermuda, Cayman and Guernsey Emerging Manager (for small or start up funds), Luxembourg SIF, Ireland UCITS and QIF, Luxembourg UCITS, Bermuda Shariah and the Malta PIF.