Mergers & acquisitions

Apex Group completes Deutsche Bank AFS buy

Apex Group Ltd reports from Hamilton, Bermuda, that it has now completed the acquisition of Deutsche Bank Alternative Fund Services, a transaction first announced in October 2017. Apex said that it adds US$170 billion in assets under administration to the Group's portfolio, and has solidified Apex...
Apex to acquire Ipes

Bermuda-based Apex Group, one of the world's largest fund administrators, and private equity firm Genstar Capital, have jointly announced the acquisition of Ipes, a provider of fund administration and other services to the private equity sector. Apex says that, adding US$165 billion in assets under...
Ocorian launches new corporate trust offering

Ocorian has launched its new Corporate Trust offering with the appointment of three experienced professionals from the banking sector: Sally Gilding, Chris Wilson and Sinead McIntosh. Their arrival follows the appointment of Alan Booth as Managing Director of Ocorian's UK business in February,...
FundRock to buy SEB Fund Services in Luxembourg

FundRock Management Company SA (FundRock) has signed a share purchase agreement with Skandinaviska Enskilda Banken AB (publ) (SEB) to buy the latter's wholly owned subsidiary, SEB Fund Services SA, in Luxembourg. SEB Fund Services offers third-party management company services to Nordic asset...
ZEDRA acquires Quaestum


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