Apex Group has announced further in-roads in the growing private equity sector in Japan.
Apex Group is working with Japan Growth Investments Alliance (JGIA) to provide fund administration services to JGIA III Series Fund.
The appointment of Apex Group as fund administrator represents further success for Apex Group’s team in Singapore, which has been building the businesses presence in Japan.
Apex Group’s appointment as fund administrator comes after the team successfully supported a previous JGIA Series Fund. The team’s attention to detail, expertise and Japanese language skills have secured a near perfect client retention rate. In addition, Apex Group will soon be offering payment services in Japan.
Interest in Japan’s private equity landscape has grown rapidly over the past 12 months with local and international fund managers alike hoping to reap the rewards of Japan’s geopolitical stability and a business culture that is becoming more comfortable with the asset class. The team at Apex Group can offer payment services in Japan for offshore funds as well as onshore funds, leaving it particularly well placed to capitalise on this trend.
Yuko Shimizu (pictured), Business Development Director, APAC at Apex Group, said: “JGIA is at the forefront of Japan’s private equity sector, which is quickly becoming one of the most exciting markets for investors in Asia. Having worked with JGIA for several years, we are proud that our work is being recognised and our relationship with JGIA deepened as we take on the administration of this new fund. The Apex Group team in this market has done some incredible work, and it’s great to see this being recognised by JGIA.”
