Apex single-source solution powers sustainable energy IPO

On February 2, GSEO’s shares were admitted to trading on the premium segment of the main market of the London Stock Exchange, raising £242m to invest in a diversified portfolio of global sustainable energy infrastructure assets. GSEO is expected to qualify for the London Stock Exchange's Green Economy Mark, acknowledging companies that derive over half of their total annual revenues from products and services that contribute to the global green economy.

Apex was appointed due to its ability to offer a single-source solution encompassing pre-IPO support, company secretarial, fund administration and accounting and depositary services.

Apex’s tailored services are underpinned by market leading technology platforms allowing a multitude of administrative tasks to be completed in a seamless manner, streamlining everyday processes and reporting as well as delivering cost efficiencies for clients.

Anthony Lee, Head of UK Listed Funds at Apex Group comments: “We are delighted to have provided support to the first successful investment trust IPO of 2021. This transaction provides further evidence of the relevance of Apex’s single-source solution to listed funds and we look forward to working with Victory Hill and GSEO as they invest to transform energy infrastructure for the benefit of both people and planet.”

Michael Egan, CFO of Victory Hill Capital Advisors LLP, Investment Adviser to GSEO: ”We were impressed by Apex’s ability to deliver a complete suite of services which meets our service requirements, enables us to control costs and helps us to achieve operational efficiencies. We now look forward to continuing our partnership with Apex as their valuable services and expertise will allow us to focus on identifying attractive investment opportunities and delivering sustainable returns to investors in GSEO.”

About Apex

Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With 45 offices worldwide and 4,000 employees, 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 products in the industry; including fund services, digital onboarding and bank accounts, depositary, custody and super ManCo services, corporate services and capital markets services, business services including HR and Payroll and a pioneering ESG Ratings and Advisory service for private companies.

Victory Hill Capital Advisors LLP ("Victory Hill")

Victory Hill is based in London and was founded in May 2020 by an experienced team of energy financiers that have spun-out of a large established global project finance banking group. Victory Hill is a signatory of the United Nations' Principles for Responsible Investing, the United Nations Global Compact and is a supporter of the Financial Stability Board's Task Force for Climate-related Financial Disclosures.

Press contact:

Antonia Powell Antonia.powell@apexfs.com