Sidra Capital expands Apex Group mandate


Apex Group Ltd. (“Apex Group” or “The Group”), a global financial services provider, today announces the expansion of its relationship with Sidra Capital to provide Fund Administration, Directorship and Corporate Secretarial Solutions

<< Back
17/07/2023 |
  • Apex logo 150x150 (002)

Sidra Capital is a Shari’ah compliant asset manager, licensed by the Saudi Capital Market Authority, that focuses on income generating real estate and private finance strategies. Sidra Capital has partnered with Apex Group as its preferred service provider since 2018, providing its single-source solutions across Dubai, Singapore, Cayman US, Guernsey and Luxembourg jurisdictions.

Apex Group supports Sidra Capital with technology-enabled Fund Administration and Reporting, Corporate Secretary, Directorship, Custody and AML Officer services, delivered by Apex Group and subsidiary brand EDB, via one convenient relationship.

According to a 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.

Apex Group’s service delivery is underpinned by ‘best in class’ technologies, offered through a combination of joint ventures with award winning technology providers, as well as proprietary market leading platforms. Earlier in 2023, Apex Group announced the acquisition of specialist accounting and administration software PFS-PAXUS to enhance the delivery of timely, accurate and independent portfolio accounting, fund and investor reporting for clients.

Naveed Zamir, Country Head, Dubai at Apex Group comments: “With continued and growing investor appetite for Shari’ah compliant strategies, especially in the real assets and alternative arena, Sidra Capital is well positioned to meet this demand. We are pleased to be continuing our long-standing business relationship with the Sidra Capital team to support their further growth and success with our global tech-enabled solutions, available globally and delivered locally.

Sidra Capital expressed satisfaction with their five year collaboration with Apex Group, valuing their deep expertise and dedication to providing outstanding client service. It is important for Sidra Capital to partnerwith a trusted provider that fulfils all their service requirements efficiently across various jurisdictions in which they operate.

Back to top  | << Back

Communiqués liés

Boeing 737-10 Luxair1

Luxair sélectionne le plus gros modèle des Boeing 737 MAX ...

Boeing et Luxair annoncent aujourd'hui que le transporteur régional européen c...

Global Wealth Report 2024

Global Wealth Report 2024 - La croissance revient à 4,2%, c...

Partout dans le monde, les gens s'enrichissent progressivement, et pas seule...

Boeing 737-8  Luxair copy

Luxair et lux-Airport font face à une panne technologique m...

Luxair et lux-Airport souhaitent informer le public sur la panne technologique m...

Apex logo 150x150 (002)

Apex Group Americas continues to expand its business develop...

Apex Group Ltd. (“Apex Group”) – global financial service provider - has a...

Apex Group
Baker McKenzie

Baker McKenzie Luxembourg Unveils New Tax Controversy and Di...

Baker McKenzie Luxembourg is delighted to announce the release of our latest bro...

Baker McKenzie
ERG's logo (002)
17/07/2024 Personnalités

Changes to the ERG Board of Directors

In the Board, Eduard Surlevich and Sabir Chodiev are replacing Alexander Machkev...

Eurasian Resources Group

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