Apex Group wins Kayne Anderson Rudnick fund services mandate


Apex Group Ltd. (“Apex Group” or “The Group”), a global financial services provider, today announces its appointment by Kayne Anderson Rudnick Investment Management, LLC (“KAR”) to service its Australian fund.

<< Back
14/12/2022 |
  • Apex logo 150x150 (002)

KAR is an investment advisory firm founded in 1984 to manage capital for its founders. KAR has over $45 billion in assets under management as of September 30, 2022, offering a variety of actively managed equity and fixed-income strategies to institutional, broker-dealer and high-networth clients.

Apex Group has been appointed to provide Fund Administration and Transfer Agency services to the Kayne Anderson Rudnick Global Small Cap Fund. Apex Group’s approach to transfer agency and fund administration helps clients to simplify daily investment management tasks, enhancing transparency for investors while simultaneously delivering operational efficiencies. In addition, Apex Group will also support KAR with its independent Custody Services, offering low latency, accuracy, risk mitigation and market proximity while driving internal efficiencies and flexibility.

This appointment demonstrates the application ofApex Group’s single-source solution, delivering timely, accurate and independent services to meet client needs, streamline their vendor relationships and deliver time and cost economies. According to a recent Total Economic Impact (TEI) report by Forrester Consulting, clients of Apex Group’s single-source solution achieve, on average, cost benefits of $5.39m, with a net present value of $2.75m over a three-year period.

Nick Bradford, Head of Business Development – Australia and New Zealand at Apex Group comments: “We are seeing a growing trend of global investment managers launching new funds and fund vehicles onshore in the Australia market, broadening available investment strategies to the fifth-largest superannuation (retirement savings) industry in the world. We are delighted that Kayne Anderson Rudnick will benefit from the provision of our single-source solution, encompassing fund administration, transfer agency and custody services for their funds.”

Steve Rigali, CFA, Executive Managing Director, Kayne Anderson Rudnick further comments: “We are pleased to be working with Apex Group, whose single-source model allows us to access the fund services and custody solutions that we require. The convenience and efficiency of contracting with a single, local team in Australia is important to us. Apex Group’s global reach and cross-jurisdictional experience offers the ability to support our business needs in Australia in a scalable manner so that we can focus on our specialty of seeking attractive returns for our investors.”

Back to top  | << Back

Communiqués liés

Cybersecurity & Privacy Solution of the Year - People’s and Jury’s Choice Awards winner
09/06/2023 Evènements

PwC Cybersecurity & Privacy Day 2023: Highlights of the day ...

Another successful edition of the PwC Cybersecurity & Privacy Day came to an end...

PwC Luxembourg
ADX and LuxSE sign MoU

Abu Dhabi Securities Exchange and the Luxembourg Stock Excha...

The Abu Dhabi Securities Exchange (ADX) and the Luxembourg Stock Exchange (LuxSE...

Bourse de Luxembourg
Apex logo 150x150 (002)

Apex Group appointed by True Green Capital Management LLC fo...

Apex Group Ltd. (“Apex Group” or “The Group”), a global financial servic...

Daniele Antonucci (L)  Nicolas Sopel (R)

Pics, pauses et reprises : Quintet dévoile ses perspective...

Le gestionnaire de patrimoine européen révèle les dynamiques qui animeront l'...

Quintet Private Bank
4 CASINO 2OOO - Show - Tech Dance Mapping

Entre jeux, spectacles, hôtellerie et gastronomie, CASINO 2...

1983 : CASINO 2OOO ouvre ses portes sous la houlette de Werner J. Wilhelm Wicke...

Casino 2000
Patrik Marti (002)
07/06/2023 Personnalités

IQ-EQ appoints Managing Director for Switzerland

IQ-EQ, a leading global investor services group, is pleased to announce the appo...


Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more