Apex Group, the Channel Islands’ financial services provider has acquired the technology platform and conference business of Context365 LLC, a global provider of technology and events that connects alternative asset class investors with high quality asset managers.
Context365 connects LPs and GPs through its software as a service (SaaS) digital networking and research platform, further complementing the Group’s existing digital marketing platform, Profilir. In addition, Context365 has a summit and event offering to further enhance the value it brings to its online community of fund managers and allocators, providing in-person relationship building and knowledge transfer opportunities throughout the year.
This acquisition reinforces Apex Group’s mission to disrupt the industry through delivering frictionless, innovative and digital solutions into the asset management space. Context365 is used by more than 1,000 family and multi-family offices, fund-of-funds and institutional investors managing more than $2.5trn in assets. These allocators use the platform to connect with more than 2,000 fund managers including hedge, digital asset, private equity, fixed income, private debt, private credit, and venture capital funds, as well as commodity trading advisors and direct lending managers with over $700bn in assets under management.
Following this acquisition, Context365’s clients will benefit from access to the Group’s single-source solution which includes digital banking, Super ManCo and distribution services, custody and ESG Ratings & Advisory services.
This is the latest in a series of strategic acquisitions and investments in technology platforms by the Group including the acquisitions of Senasen (now Profilir) and a majority shareholding in FundAdminChain.
Peter Hughes, Founder and CEO of Apex Group comments: “Over the course of the last two years, investors have increasingly been turning to technology platforms such as Context365 to supplement in-person meetings to support capital allocation and raising objectives. This acquisition gives us new capabilities through its large events function, and further supports our ability to make capital allocation and raising more efficient for our clients through digital capital raising solutions.”
Eric Noll, CEO, Context365 further comments: “Context365 was created to enable and enhance relationships between allocators and investment managers and to facilitate more meaningful and productive interactions. We are confident that Apex is the right party to take what we built to the next level. This transaction represents Context’s complete exit from the capital raising segment placing it in the best hands possible.”
Sadis & Goldberg LLP served as legal counsel to Apex Group. Fairmount Partners served as financial advisor and Royer Cooper Cohen Braunfeld LLC acted as legal counsel to Context365.