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Entrust Evergreen Partners appoints Apex Group as fund administrator and announces launch of Pan-Asia equities fund

29 February 2024

Entrust Evergreen Partners (EEP) has appointed Apex Group, the global financial services provider, to provide fund administration services; and has announced the launch of its inaugural Pan-Asia publicly listed equities fund.

EEP is an independent investment firm that employs a disciplined, deep-fundamental approach to investing. The firm seeks to generate superior risk-adjusted returns by investing in a concentrated portfolio of Pan-Asia companies over a multi-year investment horizon. EEP operates out of its office in Hong Kong and is regulated by the Securities and Futures Commission.

EEP has appointed Apex Group to provide a full solution of fund administration services including tax and AML services due to its capabilities and scalable fund administration services. Fund administration is at the core of Apex Group’s single-source solution, delivering timely, accurate and independent services, underpinned by market leading technology platforms.

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.

Dale Zhang, Founder and Chief Investment Officer, Entrust Evergreen Partners, further adds:

“We are pleased to be working with Apex Group, a global fund services provider which shares our entrepreneurial values. At Entrust Evergreen, our goal is to find and own sustainable and durable businesses over a multi-year holding period. This allows us to participate in the long-term compounding of earnings power of these businesses and generate returns in the multiples instead of percentage points.

“Working with an established industry leader like Apex Group gives us confidence that we have a committed partner that will support the execution of our strategy over the long term.”

Jacob Fisher, Director, Strategic Client Group, APAC at Apex Group comments: It is very exciting to see to see new funds launching in Hong Kong once again. . Apex Group’s dedicated  hedge fund specialists utilized via a global operating model, support clients with the technology and resources they need to raise and deploy capital as they successfully scale their operations.”

About Apex Group

Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With over 112 offices worldwide and 12,000+ employees in 45 countries, Apex Group delivers an expansive range of services to asset managers, financial institutions, private clients and family offices. The Group has continually improved and evolved its capabilities to offer a single-source solution through establishing the broadest range of services in the industry; including fund raising solutions, fund administration, digital onboarding and bank accounts, depositary, custody, super ManCo, corporate services and a pioneering ESG Ratings and Advisory solution. Apex Group’s purpose is to be more than just a financial services provider and is committed to driving positive change to address three core areas; the Environment and Climate Change, Women’s Empowerment and Economic Independence, Education and Social Mobility.

Media contact:

Chanel Townsend | chanel.townsend@apexgroup.com

 

Entrust Evergreen Partners Limited

EEP employs a private equity approach to public markets by managing a deep-fundamental, concentrated, long-duration, low-turnover investment fund. Over the last decade, there has been a shift in equity markets towards short-termism and momentum-driven trading, which has left Asia with a dearth of investment firms that employ a disciplined approach to managing concentrated fundamental equity portfolios. Entrust Evergreen aims to take advantage of this gap through our investment strategy of uncovering and owning businesses that have strong moats with long runways for growth.

www.entrustevergreen.com

Media contact:

ir@entrustevergreen.com

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