Apex has been appointed by Perennial Partners to provide fund administration services to Perennial Private Ventures Fund. The fund is aiming to raise AUD200m (USD145m) to invest in high growth private businesses. The launch of the fund follows the success of Perennial’s three existing private to public fund strategies – also administered by Apex – which have invested in over 80 private companies, a third of which have transitioned to IPO or private takeover in the last five years.
