Apex to provide services to Starlight funds
Apex Group Ltd, the Bermudian-based global financial services provider, has been appointed by Chinese venture capital firm Starlight Capital to provide fund administration and corporate services.
Starlight was founded in 2021 by Tao Tang, who is the co-founder of Eastern Bell Capital.
Apex said it will provide the services to Starlight’s latest funds.
The company said fund administration is at the core of Apex’s single-source solution, delivering timely, accurate and independent services, underpinned by market leading technology.
Apex said it will provide Starlight with access to the eFront software solution which will enhance efficiency and reporting transparency through a robust and scalable platform.
Amber Lo, head of business development, North Asia, Apex Group, said: “We are delighted to be supporting the Starlight Capital team with the launch and ongoing administration of their fund vehicles.
“This appointment demonstrates the flexibility of the Apex model and our comprehensive range of services which deliver seamless support for funds throughout all stages of their fundraising and investment life cycle.
“Apex’s services will allow Starlight to focus on their core purpose: raising and investing capital in early-stage opportunities to grow China’s digital economy and generate returns for their investors.”
Mr Tang, managing partner of Starlight, added: “Apex’s single-source solution presents a compelling offering – allowing us to efficiently access all the fund and corporate services we require, through one service provider relationship.
“We have so far been impressed with the high quality of Apex’s services as well as the notable experience and responsiveness of the team. We look forward to continuing to work together on future funds and vehicles.”