Apex Opens Jersey Office

By ExpatBriefing.com Editorial 04 February, 2014

Apex Fund Services, an international independent fund administration company, announced on January 07, 2014 that it has expanded its presence in the Channel Islands with the opening of an office in Jersey.

Jersey, together with other Channel Island jurisdictions, has experienced significant growth in its fund servicing industry. In Jersey alone the sector is valued at approximately USD350bn with over 1,300 regulated funds, a press release from the company said.

Apex said it has itself experienced a significant increase in the level of interest being demonstrated by fund managers in Jersey, a trend it expects to continue. Jersey quickly took an opt-in approach to the Alternative Investment Fund Managers Directive (AIFMD), giving global managers and investors reassurance and confidence about the regulatory controls that exist in the jurisdiction.

Following the opening of Apex Jersey, the new office will provide alternative fund structures for clients as well as acting as a springboard for Apex's advanced Private Equity services as opportunities in the PE sector rebound globally.

Apex Jersey is managed by Andrew Mason who has over 30 years experience of Jersey's financial sector. Andrew specializes in corporate and fund structures and has held a number of high profile directorships sitting on boards as the General Partner of private equity, real estate and mezzanine structures.

Apex has 34 offices globally with long term commitments to the world's largest or fast growing financial centers.

Tags: Private Equity | Interest | Jersey | Services | Expats | Investment | Invest | Investment |


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