Bermuda-based Apex Group Ltd, the global financial services provider, has agreed a joint venture with UK-headquartered financial services firm VCP Advisors, to create Apex VCP.

Apex said VCP Advisors is a provider of financial, advisory and capital raising services for corporate and fund manager clients.

VCP Advisors works with companies as well as closed-ended and open-ended funds across the private equity, private credit, venture capital, infrastructure, real estate and hedge fund asset classes, to provide advisory, capital raising and restructuring services to the institutional and family office investor community.

As part of this strategic partnership, the company said VCP Advisors will re-brand as Apex VCP, enabling clients to benefit from VCP’s impressive track record in alternative asset management advisory, in addition to delivering access to the wider Apex Group’s single-source solution; across depositary, custody, digital banking, ManCo, fund administration, middle office, corporate services, a digital marketing platform and an ESG ratings and advisory solution.

Apex said the joint venture further supports the Group’s expansion strategy for global fund marketing and distribution services. This announcement follows the recent launch of CSSF-regulated FundRock Distribution SA, to provide fund distribution solutions to non-EU asset managers, and the acquisitions of ARM Swiss Representatives SA, a leading provider of Swiss representation and distribution services to foreign fund managers, and Senasen Group, a digital marketing platform provider designed to connect LPs and GPs and support the capital raising process.

Peter Hughes, CEO and founder of Apex Group, said: “We are pleased to be partnering with VCP to bolster our service capabilities in the placement agent space.

“The team has an impressive understanding of their clients’ investment strategies and portfolios, and by joining forces with our group, collectively we are strategically placed to offer these managers the services they require, delivered globally by a single provider.”

Henry Talbot-Ponsonby, CEO and co-founder of VCP Advisors, added: “We are excited by the partnership with Apex Group and the ability to leverage their global reach, broad, high-quality service offering and institutional client base to provide our clients with access to compelling opportunities in the alternative investment sector and help them to achieve their strategic and financial objectives.”

Apex Group Ltd, established in Bermuda in 2003, is a global financial services provider with 50 offices worldwide and 5,000 employees upon the close of announced acquisitions. Apex delivers an extensive range of services to asset managers, capital markets, private clients and family offices.

VCP Advisors is a UK-headquartered financial services firm with regulated offices located across Europe, North America and Asia. Since inception, VCP said it has raised capital for many of the world’s most established and successful alternative asset managers. Since its launch in 2009, VCP said it has advised on and successfully completed over 50 fundraisings for companies and funds aggregating over $13 billion.