Apex Fund Services (“Apex”), one of the world’s largest independent fund administration companies, announces the launch of its free office facilities and fund incubation service to fund managers looking to start a new fund.
The new office facilities service forms part of a new division, Apex Emerging Manager Incubation Services (EMIS) aimed at helping new fund managers establish their funds in the most cost-effective way, with the best infrastructure to ensure the funds’ post-launch success.
In addition to providing office space, EMIS offers free advisory services regarding fund structure, jurisdiction selection, launch platforms, cloud hosting, broker networks, administration and, via Apex Technologies, Order Management and Portfolio Management Systems.
EMIS launches in New York, Miami, Toronto, London, Malta, Mauritius and Sydney where a number of new fund managers are already benefiting from EMIS office space. EMIS is in the process of being rolled out to all Apex locations and will be available to fund managers launching a new fund.
EMIS will be managed by Bill Wiggin who is a Member of Parliament in the UK and has over 13 years financial services experience having worked at Union Bank of Switzerland, Dresdner Kleinwort Benson and Commerzbank AG amongst others. Bill will work closely with all of Apex’s Managing Directors around the world to ensure new fund managers receive the most objective and highest quality advice when launching a fund.
Bill Wiggin, Manager, Apex Emerging Manager Incubation Services, said:
“Up to 75% of all new fund launches fail, a statistic that is far too high and Apex’s EMIS has been launched to turn the tide and ensure more fund managers succeed.
“New funds often carry too high a cost base at launch which can be a major drag on the growth of the fund, restricting its chance of success. EMIS brings solutions to all of these potential hurdles and brings the key infrastructure needed to make funds investable.”
Apex Emerging Manager Incubation Services
Managing Director +44 20 3178 7100 firstname.lastname@example.org
Thalius Hecksher, Apex Global Head of Business Development, said:
“With 29 offices around the world, Apex’s international scale allows new fund managers to tap into unparalleled levels of advice and support. By helping keep expense rations tight at the fund’s early stages and having access to technologies that are normally reserved for the billion dollar funds, working with Apex gives comfort to investors and credibility to fund managers.”
Apex Fund Services Holdings Ltd.
Global Head of Business Development
+1 786 877 1923 email@example.com
Mark Way, Corporate Communications
About Apex Fund Services
Apex has more than $23 billion under administration, and over 300 employees in 29 offices across 20 countries;
Apex is able to provide clients with a cloud-based Portfolio and Order management system;
Apex offers a number of platforms including, US, Bermuda, Cayman and Guernsey Emerging Manager (for small or start up funds), Luxembourg SIF, Ireland UCITS and QIF, Luxembourg UCITS, Bermuda Shariah and the Malta PIF.
+44 7786 116991 firstname.lastname@example.org