← Back to Insights

Apex Group expands relationship with leading venture capital fund

28 June 2022

Apex Group Ltd. (“Apex” or “The Group”), a global financial services provider, today announces the expansion of its business relationship with DSG Consumer Partners, a leading investor in growing consumer businesses in India & Southeast Asia.

Founded in 2012, DSG Consumer Partners invests in early-stage growth businesses, partnering with founders to help build the next generation of world-class consumer brands in India & Southeast Asia.

DSG Consumer Partners has recently appointed Apex in Mauritius and Singapore to provide fund solutions to its fourth fund, Singapore-domiciled DSG Consumer Partners VCC. As a trusted business partner, Apex will be expanding its mandate with DSG Consumer Partners to support this new fund in Singapore, via its single-source solution delivered by local experts.

The launch of Singapore’s VCC structure in 2020 has driven a significant increase in investment flows coming into the jurisdiction and has helped to propel it firmly onto the global stage as a destination of choice for many fund managers and family offices. Apex’s team of locally based professionals are experienced in supporting global asset managers - such as DSG Consumer Partners – who are looking to access Singapore via the VCC structure.

Apex was initially appointed by DSG Consumer Partners in 2019 to provide a range of transfer agency, fund accounting, taxation, corporate secretary, compliance and directorship services to DSG Consumer Partners’ fund vehicles. Since this time, Apex has supported DSG Consumer Partners with the establishment and launch of three new funds, with leading technology platforms and expert advice providing efficiency, consistency and full compliance.

Mahesh Doorgakant, Managing Director, Mauritius at Apex Group comments: “We are delighted to continue our relationship with DSG Consumer Partners, with this appointment to service their latest fund acting as a testament to the excellent work of our team to date. With its global footprint, Apex has been able to provide seamless fund solutions across multiple jurisdictions for DSG Consumer Partners’ funds located in Mauritius and Singapore. DSG Consumer Partners’ investment model is built on strong partnerships to drive growth – an ethos which we share.”

Deepak I. Shahdadpuri, Managing Director, DSG Consumer Partners further adds: “Apex has played an important role in supporting the growth of our business over the last three years, providing consistently high levels of attention and client service. We particularly value the depth and breadth of experience and quality of advice the Apex teams offer, and we look forward to working with both Singapore and Mauritius offices as they administer our latest fund.”

About Apex Group

Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With 85 offices in 42 countries worldwide and 10,000 employees upon the close of announced acquisitions, Apex delivers an extensive range of services to asset managers, capital markets, 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 and super ManCo services, business services including HR and Payroll and a pioneering ESG Ratings and Advisory service for private companies.

Press contact:

Antonia Powell Antonia.powell@apexfs.com 

About DSG Consumer Partners (“DSGCP”)

Founded in 2012, DSGCP is a leading consumer focused venture fund in India and South East Asia. DSGCP partners with early-stage founders from idea to concept to help build the next generation of world-class consumer brands in India & Southeast Asia. At DSGCP, we help entrepreneurs build iconic brands. We are long term partners who work with our founders throughout their journey, offering strategic mentorship, product development & operational expertise, industry knowledge and access to our global management network.


Press contact:

Mr Deepak I. Shahdadpuri ds@dsgcp.com 


Get in touch with our team

Contact Us