Watermark is now a part of Apex’s Corporate Solutions business, a global initiative with locally-delivered services. The company’s local employees will also join the group’s division
BCI and BIP clients will have access to Apex’s digital banking, fund raising, distribution and administration solutions as well as its ESG rating, reporting and advisory services
The business outsourcing division constitutes MJ Hudson’s ManCo operations in Luxembourg and Ireland, Channel Islands fiduciary and fund administration, and investment advisory
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 office will be led by James Wheatley, global head of operations for private equity and direct lending, and Jason Sauve, director of fund administration services