Revelstoke Capital picks Apex for fund administration
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Revelstoke Capital picks Apex for fund administration 09 November 2021US Reporter: Jenna Lomax
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Revelstoke Capital, a private equity firm building industry-leading companies in healthcare and the health and wellness sectors, has chosen Apex Group to provide its fund administration services.
Based in Denver, Colorado, Revelstoke reports US$3.8 billion in assets under management.
Apex’s fund administration services will be utilised by Revelstoke Capital to ensure the delivery of timely, accurate and independent portfolio accounting, fund and investor reporting for Revelstoke Capital’s funds.
Through Apex, Revelstoke Capital will be able to better manage fund structures and support its reporting entities, while automating calculations and complex functions.
Jason Meklinsky, head of business development, Americas at Apex Group, comments: “We look forward to supporting Revelstoke by providing services which allow their team to focus on what they do best: build strong partnerships with entrepreneurs and management teams and grow their portfolio companies.”
He adds: “Our team’s expertise and the range of services offered by our single-source solution will not only deliver greater efficiency, but the capability to scale and evolve with the business as it grows.”
Simon Bachleda, co-founder and managing partner of Revelstoke Capital, says: “As Revelstoke continues to grow, it is important that we partner with the right outsourced service provider which can ensure we adhere to best practice compliance and reporting standards, as well as meet our evolving requirements. We are confident that we have found the right partner in Apex, which offers the depth of product and experience to support us both now and in the future.”
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