Apex Group is expanding its service capabilities in the insurance fund market from Bermuda to offer investment vehicles with insurance and insurance linked securities.
Apex will be managing the move through its newly rebranded Apex Insurance Fund Services, formerly known as Equinoxe Alternative Investment Services.
According to Apex Group, the solution will help with pre-launch assistance, fund and portfolio accounting, investor services and anti- money laundering, cash administration and regulatory compliance services.
The offering will be headed up by Matthew Charleson, who will be joining Apex from Kane LPI Solutions as head of insurance fund services.
Peter Hughes, founder and CEO of Apex fund services, said: “As Apex continues to expand, we want to evolve our insurance fund administration offering to be the most comprehensive provider in the market.”
“The recent addition of the Equinoxe team to the Apex Group also bolsters our resource and expertise in this area and we will continue to make new hires to ensure we are a market leader in this business.”
