Apex Group continues North America expansion with new Montreal office
Apex Group Ltd. (“Apex Group” or “The Group”), a global financial services provider, today announces the expansion of its Canada footprint with the opening of a new office in Montreal, Quebec to provide locally delivered services and French-language support to its clients in the province.
Apex Group’s newly launched Montreal office, located at 1 Place Ville Marie supplements the Group’s existing presence in Canada where it currently employs over 300 people in across three office locations. Apex Group in Montreal will initially be led by Raja Krishnan, Country Head – Canada, with plans to grow client service delivery teams in this location through the creation of new job opportunities over time.
This growth is driven by increased demand from both new and existing clients for Apex Group’s locally delivered, single-source solution including Fund Administration, Fund Raising, Corporate Solutions, Banking, Depositary & Custody and Management Company services.
This announcement follows the recent expansion of Apex Group in Canada, including the 2022 acquisition of Prometa Fund Services, a Canada-based provider of fund services to over $28 billion in assets for approximately 50 fund companies representing more than 180 funds and approximately 225,000 individual investors.
Georges Archibald, Chief Innovation Officer & Regional Managing Director, Americas at Apex Group comments: “With Canada’s asset management industry predicted to reach $5.6trn by 2028 we see huge opportunity for organic growth in the region. Our presence in Montreal will strengthen our ability to provide a locally delivered single-source solution and to be the best possible partner for our clients in this market. Montreal is a hub for Canada’s largest pension funds, and we look forward to supporting our clients and their investors to achieve greater operational efficiency with our tech-enabled services.”
Raja Krishnan, Country Head - Canada at Apex Group adds: “Montreal continues to be home to the largest institutional asset managers in Canada, creating a growing demand for French-language service capabilities for both our clients and their investors. We are excited to announce the growth of our Canadian footprint with a new Montreal office as we extend our global service model so that our experienced local teams can continue to deliver exceptional on-the-ground service for our clients.”
Apex Group is seeking to hire professionals in Montreal with experience in fund administration, accounting and corporate services industries. For more information, please visit Apex Group’s Careers Listings.
About Apex Group
Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With over 94 offices worldwide and 12,000+ employees in 38 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 services, digital onboarding and bank accounts, depositary, custody, super ManCo and fund raising services, corporate services including HR and Payroll 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.