Apex establishes presence in Korea

by Silvia Saccardi 11 September 2023

Apex has expanded its presence in Asia with the launch of its Korean business.

The Korean foothold will add to Apex’s existing regional presence in China, Hong Kong, Japan and Singapore.

Simon Hurst will advise on the office launch as a non-executive director. He joined Apex in August 2023 and has two decades of experience working as managing director at Goldman Sachs Korea. Prior to that, he spent 11 years at J.P. Morgan in various senior operational and finance roles across Asia.

Peter Hughes, founder and CEO of Apex, commented in a statement: “We are proud to announce our continued geographic expansion with the launch of our Korea business as we continue to evolve our service offering and support our clients globally.”

Amid a string of recent transactions, one example of an acquisition in Asia includes Apex’s consolidation with Japanese corporate services provider Axess Accounting Office in July 2023.

Just last week, Apex acquired Guernsey-based ManCo firm IP Fund Managers Guernsey.

Categories: NewsFundraising & fund structuringDomicilesOutsourcingFund administrationRegs & ComplianceDomicile

27 November 2023

Profile: Martim Avillez, Limerston Capital

The COO and founding partner discusses setting up the firm’s operations, combining them with his investment duties and navigating difficult times

28 November 2023

Luxembourg’s private debt industry expands

According to a KPMG survey, AUM grew by 51% during the last year; changes in fund vehicles but LP base largely unchanged

28 November 2023

Bite Investments launches wealth management feature

Company’s platform to connect asset managers with wealth managers to facilitate fundraising

28 November 2023

Carbon Accounting Alliance launches

Group of 35 organisations represents emissions of 24,000 companies

28 November 2023

Moving surety from obscurity

Surety could be an overlooked, low cost liquidity solution in a time of portfolio optimisation

27 November 2023

Home game Sweden

A change in tax legislation and ethical considerations are leading Swedish PE firms to onshore their funds