Apex closes parts of MJ Hudson deal

Apex has closed the acquisition of the data & analytics division of MJ Hudson Plc, a UK-based provider of services to the asset management industry, specialising in private markets and alternative investments. MJ Hudson’s data & analytics business includes ESG, custodian bank benchmarking, and quantitative solutions, as well as investor relations and marketing support, and will rebrand under the Apex Group banner.

Close of the acquisition of MJ Hudson’s regulated business units remains subject to regulatory approval. These units include ManCo businesses in Luxembourg and Ireland, and Channel Islands fiduciary and fund administration. These businesses will add a team of experienced professionals and approximately EUR80bn (USD86bn) AuM to Apex Group’s existing European ManCo offering, delivered via FundRock.

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