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Apex Group wins Participant Capital mandate

16 November 2022

Apex Group Ltd. (“Apex Group” or “The Group”), a global financial services provider, today announced that it has been appointed by Participant Capital Advisors, LLC (“Participant Capital”), a real estate investment firm enabling wealth managers and their clients to participate in Class A, ground-up real estate development projects, to provide fund and financial services.

As the affiliated asset management arm of Royal Palm Companies (RPC), which has developed more than 50 large-scale, mixed-use projects over 40 years, Participant Capital allows wealth managers and their clients to invest in real estate opportunities that have traditionally only been available to institutions via a suite of investment vehicles.

Apex Group will provide fund administration services to Participant Capital’s Luxembourg domiciled funds. 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.

These services will be provided by Apex Group’s growing Miami office, which offers the Group’s full single-source solution to asset managers, financial institutions, private clients and family offices, with a focus on the delivery of services to clients in the Miami, Florida and Latin American markets. This mandate is expected to be expanded in due course to provide additional depositary and digital banking services via Apex Group subsidiary EDB.

Alex Contreras, SVP Business Development at Apex Group comments: “As the Miami Real Estate market continues to go from strength to strength, we are excited to announce our appointment by Participant Capital, who we look forward to supporting through our integrated approach to fund and financial services. Our single-source solutions, underpinned by our experienced team, will enable Participant Capital to streamline their operational processes, and allow them to continue to focus on accelerating the growth of their business and continue to deliver attractive returns for investors.”

Felix Haydar, Operations Director, Participant Capital further adds: “We have chosen to partner with Apex Group at a critical time in our growth trajectory, as we look to expand our real estate fund offerings to a wider range of investors. In selecting Apex Group, we found a partner that offered scalable fund administration services and the ability to access additional cross-border financial services in one convenient relationship. The Miami team has been responsible and shown a depth of experience in servicing our private equity real estate vehicles.”

About Apex Group

Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With over 80 offices in 40 countries worldwide and more than 10,000 employees upon the close of announced acquisitions, 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 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.

About Participant Capital

Participant Capital is a real estate investment management firm that empowers wealth managers with the ability to invest their clients' capital in Class A, mixed-use real estate developments alongside institutional investors. Closely affiliated with Royal Palm Companies, which has developed 50+ large-scale, mixed-use projects over more than 40 years, Participant Capital provides wealth managers with access to preferred equity, project, and fund investment opportunities. Participant Capital helps wealth managers maximize portfolio returns, providing access to best-in-class, multifamily, hospitality, and mixed-use properties. For more information, visit: www.participantcapital.com


Participant Capital Advisors, LLC is an investment adviser registered with the Securities and Exchange Commissions ("SEC") which does not imply endorsement or approval. SEC registration does not imply a certain level of skill or training. For additional important information view our ADV Brochure, found here: www.adviserinfo.sec.gov/firm/summary/304859

Media Contact:

Siobhan Nolan | JConnelly | snolan@jconnelly.com | (862) 217-9585

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