Tue, Jun 30, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers April 2013

Servicers' Spot - Apex Fund Services launches free office facilities and fund incubation services

Thalius Hecksher

Apex Fund Services, a large independent fund administration company, announced in March the launch of its free office facilities and fund incubation services to fund managers looking to start a new fund.

The new office facilities service forms part of a new division called Apex Emerging Manager Incubation Services (EMIS). As well as office facilities, 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 will be managed by Bill Wiggin who is a Member of Parliament in the UK and has over 13 years financial services experience.

"Up to 75% of all new fund launches fail, a statistic that is far too high and Apex's EMIS has been launched to turn the tide and ensure more fund managers succeed," Wiggin said.

"Over the last period, we've noticed that there is a growing number of emerging managers coming to the market; it's what I call the new phenomenon of Wall Street, the emerging managers," Thalius Hecksher, Apex' Global Head of Business Development, told Opalesque in an interview. "In the US, a lot of very smart guys are coming to market with family and friends' money to launch hedge funds. We're also seeing a knock-on effect from the JOBS Act which changes will be encouraging hedge fund launches. The JOBS Act is a catalyst in the emerging managers' space. And across Europe, a lot of people are losing their jobs, and looking to launching their own business."

Apex looked......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  3. Hedge funds panic over Greece[more]

    Komfie Manalo, Opalesque Asia: Some investors are in panic mode as Greek Prime Minister Alexis Tsipras announced Sunday night that the banks and the stock market would be closed Monday, said

  4. Alternative investment industry could grow to $13.6tln in five years[more]

    Komfie Manalo, Opalesque Asia: Leading auditing and advisory group PwC said that the global alternative investment industry, which includes hedge funds, private equity and real assets, is set to increase to $13.6tln within the next five years. "Be

  5. Qbasis gets $200m-plus investment in 'black swan' hedge fund[more]

    From Reuters.com: A hedge fund that more than doubled clients' money during the 2008 financial crisis has attracted more than $200 million from an investor aiming to cash in on fresh ructions in global markets. Qbasis Invest has secured the investment from Britain's Omada Capital, Florian Wagner, wh

 

banner