Apex Group is to acquire the fund services and third-party management company (Manco) business operations of Maitland International Holdings (Maitland), an international fund services provider.
Apex Group is to acquire the fund services and third-party management company (Manco) business operations of Maitland International Holdings (Maitland), an international fund services provider.
Founded in 1976, Maitland provides an extensive range of fund services including administration, transfer agency and management company services to 120 investment managers and 25 fund sponsor clients. This client base includes traditional, alternative and mutual funds across all fund types, strategies and investment styles.
This strategic acquisition adds $200 billion of Assets under Administration (AuA) and $17 billion of Assets under Management (AuM) to the Apex platform. Maitland’s 475 employees will join the Group, expanding Apex’s existing presence in the UK, Guernsey, Luxembourg and South Africa.
