Apex Group launches its business in Korea 11 September 2023Korea Reporter: Jenna Lomax
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Apex Group has launched its Korea business to provide solutions to global asset management clients.
Apex Group’s entry into the Korean market follows the continued growth and performance of Korea as a global financial service and regional private markets hub.
Apex says its presence in Korea will supplement its existing regional offices in China, Hong Kong, Japan and Singapore, where Apex Group employs more than 500 people.
The new local team will support both domestic and global asset managers in Korea through the utilisation of Apex Group’s technological capability and client services.
The launch of Apex Group in Korea will continue to be supported by Simon Hurst, who has advised the expansion in a non-executive capacity.
Hurst brings more than three decades of financial services experience, most recently as managing director and chief accounting officer at Goldman Sachs in Korea.
Prior to that, Hurst held various senior leadership, operational and risk roles at Goldman Sachs and J.P. Morgan in Korea, Japan and China.
Peter Hughes, founder and CEO of Apex, comments: “We are proud to announce our continued geographic expansion with the launch of our Korea business as we continue to evolve our service offering and support our clients globally.
“We see compelling growth opportunities in the Korean market, which has proven to be one of the most adaptable and resilient global economies. It continues to be at the forefront of digital transformation.”
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