Renewable energy infrastructure investment firm True Green Capital Management has chosen Apex Group to provide fund administration and investor reporting services to its True Green Capital IV fund.
The True Green Capital IV fund closed in May 2022, with more than US $660 million in equity from primary segments of the institutional market.
Apex’s appointment continues the company’s engagement with environmentally-driven funds, after being selected to provide fund services to Octopus Investments Australia in 2022.
Guy Moritz, executive director of business development, private equity and real estate at Apex, says: “In 2023, renewable energy infrastructure has continued to be a hotspot of fundraising and investment activity, with experienced managers with strong track records attracting significant interest from investors.”
Rami Naber, chief accounting officer at True Green Capital Management, comments: “We look forward to working with the support of Apex Group, which will enable us to focus on our strategy of investing in distributed power generation assets.”
