Category: Offshore

Apex has expanded its relationship with DSG Consumer Partners, an investor in consumer businesses in India & Southeast Asia. DSG Consumer Partners has recently appointed Apex in Mauritius and Singapore to provide fund solutions for its fourth fund, Singapore-domiciled DSG Consumer Partners VCC. Apex was initially appointed by DSG Consumer Partners in 2019 to provide…

Sunibel Corporate Services, a Mauritius-based administrator, has selected the PFS-PAXUS fund administration system for its third-party fund administration business operations. Pacific Fund Systems, the provider of PFS-PAXUS, services a client base with more than USD1tn of assets. Sunibel offers fund administration services to alternative funds, including fund accounting, investor services, compliance and tax services. PFS-PAXUS…

Apex plans to acquire ZASMalta, a specialist provider of regulatory compliance and risk management services. Malta-based ZAS provides regulatory compliance and risk management, reporting and internal audit services to USD20bn of assets across 50 clients. The acquisition will expand Apex’s presence in the Malta market where the group has been actively involved in the funds…

Suntera Global, the UK-based provider, has appointed Dan Bisson as managing director of its operations in the Channel Islands. He will oversee operations in both Jersey and Guernsey, leading a 130-strong team delivering a range of private wealth, fund and corporate services. Prior to his new role, Bisson was the managing director of Nedgroup Trust,…

ZEDRA, the provider of corporate and fund services, is to acquire AlleyBe, a Maltese corporate service provider, trustee and virtual financial asset (VFA) agent. The acquisition will add 25 new team members to ZEDRA’s existing business in Malta.

IQ-EQ, the Luxembourg-based investor services provider, has been appointed by central European real estate developer SITNO HOLDING Real Estate (SHRE) to provide support services for the launch of its first Luxembourg-domiciled real estate fund. The SHRE SITNO Adriatic Investment Fund, which is targeting a raise of EUR100m (USD107m), will invest in eight real estate development…

Crestbridge, the C.I. based administrator, has appointed Alex Le Quesne as group head of governance services. He will be responsible for managing the operational and financial performance of its institutional governance services globally, including management company, director, client compliance, depository, trustee, appointed representative and operator services. He previously led Crestbridge’s real estate fund services team.