BTC picks Apex to provide fund administration for its new energy fund
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BTC picks Apex to provide fund administration for its new energy fund 06 July 2023 US Reporter: Klea Neza
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Investment company BTC Investment Group (BTC) has selected Apex as fund administration solutions provider for its Argento Energy Fund.
As part of the mandate, Apex will provide a full suite of fund administration solutions to the fund, as well as tax and business services, which will be delivered via Apex Group’s Miami office.
The Miami office offers services to asset managers, financial institutions, private clients and family offices, with a focus on the delivery of services to clients in the Miami, Florida and Latin American markets.
Alex Contreras, senior vice president of business development at Apex, says: “We are pleased to support the launch of the Argento Energy Fund with our market-leading solutions enabled by our local presence.
He adds: “In the current macroeconomic environment, asset managers of all sizes are benefitting from Apex’s single source solution as they reassess their operating models to achieve resource and cost efficiency.”
Cristian Molina, CEO of BTC, comments: “The unique single-source model of Apex means that we can conveniently access all of the funds, tax and business services that we need via one relationship, saving us time and money. We have been particularly impressed by the strength and depth of the local team who have been responsive to our questions and requirements.”
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