Apex Group to acquire Tzur Management.

Apex Group, a global financial services provider, agreed to acquire Tzur Management, a fund administration services provider with offices in Tel Aviv, Israel and New York. Financial terms were not disclosed. “The addition of the Tzur business enables us to expand into the Israel market and further strengthen our regional presence. As the alternative funds industry continues to attract capital, we will continuously evolve our offering to provide tailored advice and support to these investment strategies and structures,” Peter Hughes, Apex Group Founder and CEO.