Apex Group Ltd. (“Apex Group”), the leading global financial services provider, has announced the launch of its Private Intermittent Securities and Capital Exchange System (PISCES) suite of services.
This will include trade fulfillment as a Registered Auction Agent (RAA) on the London Stock Exchange’s Private Securities Market, operating under the PISCES framework.
Announced earlier this year, PISCES enables the intermittent trading of secondary shares in private companies. This helps private equity managers, corporates, founders, and employees access liquidity without requiring a full company sale.
Apex Group draws on its expertise across capital markets, fund services, and corporate solutions to support clients throughout their PISCES journey.
Prior to trading events on a PISCES platform, Apex Group works with companies to ensure they are compliant, transparent and ready to present themselves to potential investors. Apex Group provides professional business support services, including planning and forecasting, sustainability framework development, and strategic marketing support.
At the point of a secondary share sale, Apex Group will manage the trading process as an RAA, as well as providing licensing application support, and customer and asset due diligence. Post-PISCES, we will continue to provide ongoing business services and compliance support.
Stephen Geddes, Head of UK Corporate Oversight and Strategic Advisory, said:
“With the introduction of PISCES, Apex Group is providing corporates and private equity managers with everything they need to unlock liquidity on the London Stock Exchange’s new Private Securities Market.
“Our integrated, tailored suite of services ensures companies are supported at every stage of their PISCES journey - before, during, and after trading events.”
Marcus Stuttard, Head of UK Primary Markets and AIM, London Stock Exchange, said:
"We are delighted to be welcoming Apex Group to our Private Securities Market as a Registered Auction Agent (RAA). By leveraging Apex Group’s extensive reach across private markets, we look forward to providing companies with a greater range of options to build and evolve their shareholder base, while enabling current investors to benefit from increased liquidity in their shares and giving new investors the opportunity to invest in the next generation of high growth companies.”
Newsroom
About Apex Group
Apex Group is dedicated to driving positive change in financial services while supporting the growth and ambitions of asset managers, allocators, financial institutions, and family offices. Established in Bermuda in 2003, the Group has continually disrupted the industry through its investment in innovation and talent.
Today, Apex Group sets the pace in fund and asset servicing and stands out for its unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals.
Apex Group leads the industry with a broad and unmatched range of services, including capital raising, business and corporate management, fund and investor administration, portfolio and investment administration, ESG, capital markets and transactions support. These services are tailored to each client and are delivered both at the Group level and via specialist subsidiary brands.
The Apex Foundation, a not-for-profit entity, is the Group’s passionate commitment to empower sustainable change.
