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Synopsis
Carlyle, an investment firm, and Mubadala Investment, a sovereign investor, completed the investment in Genstar Capital-backed Apex Group, a global financial services provider. Financial terms were not disclosed. “We are extremely pleased to be expanding our relationship with Carlyle and to welcome Mubadala to our investor base. We are proud to now have the equity backing of three highly reputable institutions, including our majority owner Genstar, and now joined by Mubadala. These investments further strengthen our position in the market and signal our intent to continue expanding and evolving our business over the coming months and years," Peter Hughes, Apex Group Founder and CEO.
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