American Ventures Partners picks Apex Group for fund solutions
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American Ventures Partners picks Apex Group for fund solutions 02 July 2021US Reporter: Maddie Saghir
Image: Apex Group
Apex Group has been appointed by American Ventures Partners, a commercial real estate investment company, for fund solutions.
As part of this mandate, Apex will deliver fund administration, tax compliance and related corporate services to support American Ventures.
American Ventures appointed Apex due to its ability to offer a single-source suite of fund and entity administration services backed by its functional and real estate industry expertise and technology solutions.
According to the real estate investment company, a distinguishing feature was Apex’s ability to support distribution and placement of their fund.
Michael Sheahan, global head of real estate at Apex Group, comments: “Apex’s position as single-source financial services provider offers efficiency and convenience of services delivered via one relationship, with the unique capability to support clients from fund distribution, through administration, custody, depositary and trustee services, banking and related financial solutions, entity and corporate solutions.”
Sheahan continues: “American Ventures has an exceptional track record as one of the top-performing, institutional real estate investment managers in the US and Apex’s appointment will allow them to focus on their exciting pipeline of acquisitions.”
Philp Blumberg, founder and managing partner of American Ventures Partners, states: “We are delighted to have selected Apex whose breadth of services and experience will allow us to focus on the job at hand: efficiently raising and deploying capital to generate returns for our investors.”
“We have been particularly impressed with the team’s ability to support the distribution and placement of our fund, a capability which was central to our decision to appoint Apex.”
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Image: Apex Group 