Apex Group will offer its single-source solution to clients in the region with local experts providing an expanded range of services to Sweden domiciled funds. Apex Group will also support local clients to manage the fast-growing number of funds domiciled in other global financial jurisdictions such as Luxembourg and Ireland.
Apex Group will continue to evolve its offering to clients in the Nordic region, including its intention to establish management company (“ManCo”) and fund distribution services in Sweden via subsidiary FundRock.
This latest announcement follows Apex Group’s transformative acquisition of Sanne Group Plc which added over 35 existing employees in Sweden and an office in Denmark. In addition to Sanne’s existing presence in Sweden, Apex Group aims to hire up to 65 new employees locally in Stockholm to deliver its single-source solution to a global client base of asset managers, capital markets investors, private clients and family offices.
Apex Group in Sweden will be led by Amanda Ekman, Country Head, Sweden at Apex Group who brings more than 20 years of experience in the private markets. Amanda was previously CFO of BrainHeart Capital and held various senior roles at Skandia’s Asset Management Private Equity, RP Ventures and Permian.
Apex Group now operates from over 80 offices in 40 countries worldwide with more 10,000 employees servicing almost $3 trillion in assets across administration, depositary, custody and under management.
Peter Hughes, Founder and CEO of Apex Group comments: “We have identified Sweden and the wider Scandinavian region as a strategically important market for our clients’ growth, and therefore Apex Group. By growing our presence and service offering in Sweden, we will be able to better serve our clients, who will benefit from the reach offered by our global footprint, multi-jurisdictional experience and the local delivery of our single-source solution including access to new distribution channels.”
Amanda Ekman, Country Head, Sweden at Apex Group further adds: “We see a huge opportunity to provide our services to enable both global clients and the thriving domestic asset management community to concentrate on their core focus of generating returns for their investors. We look forward to welcoming new colleagues in Sweden who will deliver the Group’s scalable single-source solution through our global reach, underpinned by a commitment to exceptional client service.”
About Apex Group
Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With over 80 offices in 40 countries worldwide and more than 10,000 employees upon the close of announced acquisitions, Apex Group delivers an expansive range of services to asset managers, financial institutions, private clients and family offices. The Group has continually improved and evolved its capabilities to offer a single-source solution through establishing the broadest range of services in the industry; including fund services, digital onboarding and bank accounts, depositary, custody, super ManCo services, corporate services including HR and Payroll and a pioneering ESG Ratings and Advisory solution. Apex Group’s purpose is to be more than just a financial services provider and is committed to driving positive change to address three core areas; the Environment and Climate Change, Women’s Empowerment and Economic Independence, Education and Social Mobility.
Press contacts:
Apex Group: Antonia Powell, Head of Media Relations | Antonia.powell@apexfs.com
