52nd Stree, NYC

FUND ADMINISTRATOR APEX HIRES NEW MD FOR NORTH AMERICA

From an article that appeared in FTSE Global Markets Apex Fund Services, the independent fund administrator, has appointed Dennis Westley as managing director, North America with immediate effect. Westley will have responsibility for growing Apex’s North American operations and integrating potential acquisitions. Reporting directly to Apex’s Global CEO, Bill Salus, Westley will also manage Apex’s offices…

Apex Coloured Map

APEX AUM GROWS AT 31% AND MAKES SENIOR NORTH AMERICA APPOINTMENT

Apex Fund Services, one of the world’s largest independent fund administrators, has appointed Dennis Westley as Managing Director, North America with immediate effect. By leveraging Apex’s ability to bring global fund structures to the U.S., Westley will have responsibility for growing Apex’s North American operations and integrating potential acquisitions. Reporting directly to Apex’s Global CEO,…

Small World

REGULATED FUND MARKET SET TO GROW WITH DIRECT LENDING VEHICLE

REGULATED FUND MARKET SET TO GROW WITH DIRECT LENDING VEHICLE – Apex Fund Services Extracts from an article By James Williams appearing in HedgeWeek With total hedge fund AuM now nearing USD3trn, the last 12 months have been a noticeable period of growth for the industry at large. Admittedly, 2014’s performance figures aren’t as strong…

EU Flags

AIFMD: HOW THE IMPACT IS BEING FELT ACROSS THE GLOBE

Apex Fund Services’ John Bohan analyses the impact that the EU’s alternative investment fund managers directive is having on the global hedge fund industry. He says that despite the grandfathering period ending in July there remains ‘a layer cake of disparity and delayed transposition’ around the legislation. Bohan also looks into the difficulties in the area…

Boardroom

ASSET SERVICING ROUNDTABLE: WHEN SAUDI OPENS UP

At the Asset Servicing Roundtable hosted by Funds Global Mena, foreign inflows, investor quotas and Saudi Arabia’s T+0 settlement system were discussed. Mario Tryfonides (managing director, Apex Fund Services Dubai) was on the panel. The following is a selection of items raised and comments Funds Global: The biggest event to happen to the Gulf capital…

Global Currancy

EURO ARAB BANKING & FINANCE GUIDE INTERVIEWS PETER HUGHES

Apex was one of the first fund administrators to launch in the Middle East eight years ago, its CEO and Founder talks about how Apex’s offices in Bahrain, Dubai and Abu Dhabi are supporting the increasing fund industry in the region and the growth of the private equity sector in Saudi Arabia. Peter Hughes,  the…

Tax

FUND ADMINISTRATORS FOCUS ON FATCA

John Bohan Managing Director of Europe & Middle East carried out the following interview with MarketMedia.com The Foreign Account Tax Compliance Act (FATCA) entails massive work for hedge funds. FATCA compliance can be categorized broadly into four main areas: classification, registration, investigation and reporting, according to John Bohan, managing director, Europe and Middle East, for…

Arm Wrestle

FIGHT COMPETITION – “EXECUTIVE Q&A: MARGINS AND DEMANDS”

Funds Europe is the business strategy magazine for Europe’s asset management professionals. It covers all areas of the asset management business – institutional and retail markets, traditional and alternative investments, front and back – office – providing essential insight into the European opportunity. In this month’s edition executives including Peter Hughes, Apex Fund Services CEO…

Fund Valuation

APEX LAUNCHES WORLD’S FASTEST HEDGE FUND VALUATION SERVICE

Apex Fund Services is pleased to announce the launch of its three hour hedge fund net asset valuation (“NAV”) reporting service called Tzero, giving fund managers the world’s fastest portfolio valuation service. The Tzero service will leverage Apex’s real-time portfolio management product Apex Vision giving managers access to a powerful reporting tool that can accommodate…