About us Search

Apex buys BEST

by Krystal Scanlon 10 February 2022

Apex Group has expanded its presence in India via the acquisition of India-based service provider, BEST Alternative Advisory Services.

BEST provides fund services for both closed and open-ended funds including private equity, fund of funds, hedge funds, managed accounts and mutual funds.

The acquisition will add $30bn of assets under administration to Apex, as well as an additional 35 employees based in Mumbai. 

“We are pleased to announce this strategic acquisition as we continue to expand our presence in India,” commented Peter Hughes, founder and CEO of Apex. “BEST has demonstrated alignment with our culture and way of doing business: to build partnerships with clients to deliver a consistent and high-quality level of service, by acting as a flexible extension of our clients’ own teams. BEST’s clients will now benefit from our full-service product offering via our single-source solution, delivered by our global network of offices.”

For the deal, Apex was advised by Khaitan and Co (legal counsel), while BEST was assisted by KNAV (financial advisor) and AZB (legal counsel).

1 June 2023

What the AI?! Canoe Intelligence

Our new AI series kicks off by exploring the burning questions with Aman Soni, VP of data strategy at Canoe Intelligence

1 June 2023

Eiffel Investment partners with Carbon4 Finance

Partnership creates methodology to evaluate climate performance of unlisted companies

1 June 2023

Spaulding Ridge expands tech offering

Company launches tool to optimise technology implementation and speed up revenue operations

31 May 2023

Answering the right questions

GPs and LPs agree qualitative ESG reporting is a crucial competitive advantage but disagree on reporting requirements, says PwC

31 May 2023

Apex launches fundraising services

Offering combines rebranded platform with series of events

30 May 2023

Gottschalg Analytics powers up

Company aims to provide performance intelligence services via proprietary algorithms