Announced
Completed
Financials
Tags
Luxembourg
Asset Managers and Custodians
Friendly
Acquisition
Cross Border
Majority
Private
Single Bidder
Private Equity
fund management
Completed
Synopsis
Genstar Capital-backed Apex Group, a global financial services provider, completed the acquisition of FundRock, a fund management company. Financial terms were not disclosed. "FundRock is a highly strategic and complementary addition to the Apex Group, which has developed into a unique and differentiated platform delivering the broadest range of end-to-end services while maintaining the highest standards of client satisfaction among its marquee client base of private equity funds, asset managers, corporates and family offices worldwide," Sid Ramakrishnan, Genstar Capital Principal.
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