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Generic business image for news article Image: Apex

05 August 2021
Australia
Reporter Jenna Lomax

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Apex bolsters APAC team

Apex has appointed Andrea Gallenca as head of private market sales Australia in an effort to grow its Asia Pacific (APAC) offering across fund administration, corporate solutions and ESG services.

Based in Sydney, Gallenca will oversee the group’s private markets sales operations in Australia.

Gallenca brings more than 18 years of experience in the private funds industry, with a focus on fund administration, trust and corporate services.

Prior to joining Apex, Gallenca was head of sales at Alter Domus Australia. Before that, he worked as director of global business development at TMF Australia.

Apex has also appointed Prakash Kharel as head of real estate for APAC. He joins Apex in Singapore from Revantage Asia, provider of corporate services to Blackstone’s real estate investment structures and investment entities, where he was head of finance.

Apex opened its first office in Asia in 2007 and now has seven offices across the region with more than 190 employees.

This latest appointment follows Apex’s recent hires of Debbie Lee as country head of China and Claudia Bolanos as head of corporate services, APAC. On 1 July 2021, Apex confirmed that it had made a successful bid for Australian fund administrator, Mainstream Group.

Valerie Mantot-Groene, head of APAC at Apex said: “Asia’s private markets, including real assets, have continued to mature, supported by several new and updated onshore fund structures introduced over the last year.”

She added: “As service providers, we must be equipped with the best talent in the market to deliver our single-source solution to meet the increasingly sophisticated service requirements of our clients. We look forward to working with Andrea and Prakash, who join at an exciting time for our business in the APAC region as we grow our locally delivered financial services offering.”

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