GFin’s integration into the group will enhance Apex’s established presence in Mauritius, supporting the provision of locally delivered fund administration and corporate solutions to clients
Peter Hughes, founder and CEO of Apex Group comments: “The FundRock business shares our commitment to exceptional levels of client service and is a highly complementary addition to the Apex Group"
As part of the mandate, due to commence on or before 1 April 2021, FundRock will provide oversight of the delegated functions as well as risk and compliance monitoring
Apex Group, a global financial services provider, is set to acquire GFin Corporate Services, a Mauritius-based licensed management company, providing fund administration services to institutional clients
FundRock will provide the legal and regulatory framework for the ICAV and undertake the delegate oversight of the sub-fund, the Primus Fixed Income Smart Beta Fund
FundRock will provide oversight of the delegated functions, risk and compliance monitoring, as well as distribution support services for the new structure and its sub-fund
FundRock has introduced a holistic liquidity management service to assist asset managers during the COVID-19 crisis and to prepare them for new European regulations
FundRock has expanded into France for new operations that will assist international investors in accessing alternative asset classes including private equity and real estate