Apex Group Ltd (Apex), a global financial services provider, has closed the acquisition of BEST Alternative Advisory Services (BEST), an India-based, boutique and specialised financial services provider for global asset managers.
This acquisition adds assets under administration (AuA) of $30 billion to the Apex Group, and an additional 35 employees based in Mumbai, India. BEST will now rebrand and operate under the Apex Group name, supporting managers across asset classes with a wide range of specialised services including risk management, investment operations, compliance, tax, client reporting and bespoke solutions tailored to each client.