Apex Group expands India presence with acquisition of BEST Alternative Advisory Services

11 February 2022

Apex Group Ltd. (“Apex” or “The Group”), a global financial services provider, has announced the acquisition of BEST Alternative Advisory Services (“BEST”), an India-based, specialised financial services provider.

The acquisition of BEST will add assets under administration (“AuA”) of US$30bn to the Apex Group, and an additional 35 employees based in Mumbai, India. BEST delivers fund services tailored to both open and closed-ended fund client profiles including Private Equity, Fund of Funds, Mutual Funds, Managed Accounts and Hedge Funds.

This is the latest in a series of global acquisitions for Apex; following the recent acquisitions of Mainstream Group and MMC, Apex now operates from over 50 offices worldwide, with over 5,000 employees servicing US$1.5 trillion in assets across administration, depositary, custody and under management - expected to rise to US$2.2 trillion and 8,000 employees following the close of the planned acquisition of Sanne Group Plc.

Read the full press release here.