Apex Group (Apex) has been appointed to provide full fund administration services to Stockholm-based alternative investment management company Keel Capital AB (Keel Capital).Apex has been mandated to provide full fund administration and depositary and custody services to Keel Capital’s funds under the Apex and European Depositary Bank brands.
Keel Capital is regulated in Sweden as an Alternative Investment Fund Manager by the Swedish Financial Supervisory Authority (Finansinspektionen). Keel Capital’s funds (Alternative Investment Fund Keel Capital S.A – SICAV-SIF Foghorn Fund, Foghorn X2 and Longhorn Fund) are all registered and domiciled in Luxembourg.
This latest client win further demonstrates the success of Apex’s single-source solution and its capabilities to support clients, including established managers such as Keel Capital who are seeking an improved service from their provider.
Apex’s team of experienced and dedicated professionals provides clients with corporate services throughout the lifecycle of a fund and are at the forefront of industry best practice and corporate governance standards.
David Rhydderch, Global Head of Financial Solutions at Apex Group, says: “We are delighted to be working with Keel Capital to provide our full suite of services across fund administration, depositary and custody functions. Keel Capital will benefit from our highly experienced and tenured local teams, able to offer a single source solution for all fund administration needs.”
Gustaf Johansson, COO Keel Capital, adds: “We chose to partner with Apex due to the breadth of service, experience and proven ability to provide a flexible solution that meets our needs, now and in the future. We have received the highest levels of service and look forward to continuing to work with Apex as our independent third party provider.”
