Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

36601

Apex Group expands European fund marketing and distribution capabilities with acquisition

RELATED TOPICS​

Apex Group (Apex) is to acquire ARM Swiss Representatives SA (ASR), an independent FINMA-regulated firm providing Swiss Representation and Distribution services to foreign fund managers.

 

This strategic acquisition strengthens the Group’s local presence in Switzerland, supplementing its existing capabilities to serve clients in the wider European market. It will further provide Apex clients with enhanced regulatory compliance and distribution services and assistance when accessing the Swiss market. 

Founded in 2014, ASR provides compliance and regulatory services to over 630 funds and 350 fund managers internationally, seeking to market their funds in Switzerland in full compliance with local laws. In addition, ASR acts as the distributor in Switzerland for approximately 12 fund managers operating across a diverse range of investment strategies.  
 
By joining the Apex Group, ASR’s client base will benefit from access to the Group’s single-source solution which includes locally delivered services across depositary, custody, digital banking, ManCo, fund administration, middle office, corporate services and an ESG Ratings and Advisory solution.
 
This deal further supports the Group’s expansion strategy for fund marketing and distribution services in Europe. It follows the recent launch of CSSF-regulated FundRock Distribution SA, to provide fund distribution solutions to non-EU asset managers, and the  acquisition of Senasen Group, a digital marketing platform provider designed to connect LPs and GPs and support the capital raising process.
 
Peter Hughes, Founder and CEO of Apex Group, says: “We continue to innovate and evolve our product offering to meet the changing needs of our clients and support their growth. With a deep understanding of our clients’ investment strategies and portfolios, we are strategically placed to provide non-EU asset managers with the marketing and distribution support they require in Europe. The acquisition of ASR builds on our industry leading role as one of the first super ManCos to offer distribution services in Europe. We look forward to welcoming the team whose extensive knowledge of the Swiss market and regulatory landscape offers a highly attractive and complementary addition to our offering and further strengthens our compelling client proposition.” 
 
Anne Empain, Co-Founder & CEO and Greg Taylor, Co-Founder & Head of Distribution at ASR, add: “We are delighted to be joining the global Apex Group, which will enable us to access a wider audience of foreign managers and promoters seeking to market their funds and financial services to Swiss investors. Apex has made notable strides in developing its distribution and capital introduction services for European investors, and we look forward to bringing these to Switzerland.”
 
Financial terms of the transaction were not disclosed. This transaction is subject to FINMA approval, expected in Q3 2021.
 
Lenz and Staehelin provided legal counsel to Apex Group. Geneva LBO Group SA served as M&A advisor and CMS von Erlach Partners SA advised ASR on the legal and regulatory aspects of the transaction.
 

Latest News

Pantheon, a specialist global private markets investor, and iCapital, the global fintech platform, have announced..
Data from Houlihan Lokey’s MidCapMonitor showed that UK sponsor-backed financing activity significantly increased YoY in..
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15..

Related Articles

Global ESG Investing
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of climate change and ESG factors in state policymaking...
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of..
Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Different flavours
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led, multi-boutique global asset manager with over USD20 billion under management, recently undertook a survey with 204 UK investment professionals, seeking insights into their perceptions and attitudes towards boutique asset managers...
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led,..
UK map
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be worth billions of pounds in the coming years...
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by