Apex Group gains new mandate from real estate investor Valpre Capital
26 November 2020 London
Image: flashmovie/Adobe Stock
Apex Group has been appointed to provide full fund administration services, corporate and depositary solutions to Valpre Capital UK, a London-based investment firm focused on sourcing, structuring and seeding real estate and private equity investments.
The services Apex will provide include transfer agency, financial statements, regulatory reporting and anti-money laundering (AML) services as well as depositary for the fund, delivered via the Apex and European Depositary Bank subsidiary.
Apex has identified real estate fund services as core areas for growth for the business as evidenced by the recent appointment of Michael Sheahan as global head of real estate fund services.
John Bohan, co-founder and country head business development (Ireland) at Apex Group, commented: “We are delighted to announce Apex’s latest appointment by Valpre Capital who will benefit from our single-source solution providing fund administration, depositary and custody services.”
Bohan continued: “Valpre Capital value both our global reach and experienced local teams and we will provide them with the support they require to continue as one of the most innovative investors in the Irish Real Estate market.”
Mazen Abou Chakra, founder and managing partner, added: “Apex presented a compelling single-source solution encompassing fund administration, corporate and depositary services, affording the flexibility required to meet both the fund’s current and future needs. We have already benefited from Apex’s multi-jurisdictional experience and have been impressed by the quality of the team’s communication and efficiency; we look forward to working together throughout the lifecycle of the fund.”
The services Apex will provide include transfer agency, financial statements, regulatory reporting and anti-money laundering (AML) services as well as depositary for the fund, delivered via the Apex and European Depositary Bank subsidiary.
Apex has identified real estate fund services as core areas for growth for the business as evidenced by the recent appointment of Michael Sheahan as global head of real estate fund services.
John Bohan, co-founder and country head business development (Ireland) at Apex Group, commented: “We are delighted to announce Apex’s latest appointment by Valpre Capital who will benefit from our single-source solution providing fund administration, depositary and custody services.”
Bohan continued: “Valpre Capital value both our global reach and experienced local teams and we will provide them with the support they require to continue as one of the most innovative investors in the Irish Real Estate market.”
Mazen Abou Chakra, founder and managing partner, added: “Apex presented a compelling single-source solution encompassing fund administration, corporate and depositary services, affording the flexibility required to meet both the fund’s current and future needs. We have already benefited from Apex’s multi-jurisdictional experience and have been impressed by the quality of the team’s communication and efficiency; we look forward to working together throughout the lifecycle of the fund.”
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