Opalesque Industry Update - Apex Fund Services, one of the world's largest independent fund administration companies, launched a free office facilities and fund incubation service to fund managers looking to start a new fund. |
The new office facilities service forms part of a new division, Apex Emerging Manager Incubation Services (EMIS) aimed at helping new fund managers establish their funds in the most cost-effective way, with the best infrastructure to ensure the funds' post-launch success.
In addition to providing office space, EMIS offers free advisory services regarding fund structure, jurisdiction selection, launch platforms, cloud hosting, broker networks, administration and, via Apex Technologies, Order Management and Portfolio Management Systems.
EMIS launches in New York, Miami, Toronto, London, Malta, Mauritius and Sydney where a number of new fund managers are already benefiting from EMIS office space. EMIS is in the process of being rolled out to all Apex locations and will be available to fund managers launching a new fund.
EMIS will be managed by Bill Wiggin who is a Member of Parliament in the UK and has over 13 years financial services experience having worked at Union Bank of Switzerland, Dresdner Kleinwort Benson and Commerzbank AG amongst others. Bill will work closely with all of Apex's Managing Directors around the world to ensure new fund managers receive the most objective and highest quality advice when launching a fund.