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Bermuda-based Apex Group Ltd has supported long-standing client Integral Group, a Tokyo-based private equity group, in the successful raising of Integral Fund IV, which held its final closing at its hard cap of JPY123.8 billion. Apex, the global fina...

The Bermuda Monetary Authority has announced that the Authority’s Deputy chairman, Donald Scott, has been appointed by the Minister of Finance to serve as chairman of the Board with effect as of 1 October. This will coincide with the departure of Je...

Bermudian-based financial services company Athene Holding Ltd has entered into a definitive agreement to acquire Foundation Home Loans, a specialist UK mortgage lender from funds managed by affiliates of Fortress Investment Group LLC. As of June 2021...

Bermudian-based Apex Group Ltd has secured additional equity investment from global investment firm Carlyle and sovereign investor Mubadala Investment Company. The global financial services provider backed by Genstar Capital said Carlyle and Mubadala...

First Atlantic Commerce has partnered with a Central American fintech solution provider to enable merchants to accept online payments through the Wix platform. The Bermudian-based online payment solutions provider said it is partnering with Costa Ric...

Apex Group Ltd has secured corporate ratings from Moody’s Investors Service and S&P Global Ratings. The Bermudian-based global financial services provider said the Group and its subsidiaries were assigned a “B2” corporate family rating by Moody’s and...

A new consulting firm providing strategy, project management and executive communications coaching services has been launched by Pat Phillip-Fairn. She is the founder and chief executive officer of Objective Consulting Ltd. The firm focuses on servin...

The Bermuda Economic Development Corporation has thrown its support behind the growth of the co-operative business model on the island. It has made the call to coincide with International Day of Co-operatives, which has the theme “rebuild better toge...

EY has announced the progression of two associate partners, Joel Edwards and Robert Crockett, in the region, bringing a boost to its Strategy and Transactions practice. Mr Edwards will focus on the continued buildout of the restructuring practice in ...

Bermudian-founded global financial services provider Apex Group Ltd has been confirmed as the successful bidder in the acquisition of Mainstream Group Holdings Limited. The board of Australian-based Mainstream announced acceptance of Apex’s offer of ...

Further amendments to the island’s economic substance regime were approved yesterday as the island worked to avoid a return to the EU’s blacklist. Curtis Dickinson, the Minister of Finance, said the Economic Substance Amendment Act 2021 was designed ...

The current phase of the Bermuda Economic Development Corporation Covid-19 emergency grant funding programme, will end on Sunday, two months after its launch. The BEDC said any last applications to be considered for support, of businesses impacted d...