Apex supports Integral Group for fourth buy-out fund
Apex Group Ltd. (“Apex”), a global financial services provider, today announces that it has supported long standing client Integral Group (“Integral”), a Tokyo-based private equity group, in the successful raising of Integral Fund IV, which held its final closing at its hard cap of JPY123.8 billion.
Apex has been appointed to provide fund administration and regulatory services to Integral’s Fund IV Cayman LP, further strengthening the Group’s long-standing relationship with Integral that dates back to 2014.
The Group’s fund administration services ensure the delivery of timely, accurate and independent portfolio accounting, fund and investor reporting underpinned by a range of ‘best in class’ technologies. Integral’s partnership with Apex provides access to FIS™’ Investran offering a solution for performing key functions such as managing complex fund structures and supporting multiple sets of books while automating calculations and complex functions.
Integral Fund IV is the fourth buy-out fund raised by Integral Group and will continue to primarily invest in buy-out opportunities in Japanese mid-market segments. The fund was substantially oversubscribed and received strong support from new and existing investors, including Japanese and international banks, insurance companies, pension funds, endowments, and other institutional investors.
Apex’s clients based in APAC, benefit from a connected network of nine local offices in the region, with service delivered by 900 employees. These clients receive a single-source solution with a connected service model that enables them to benefit from any service they might need across the full value chain of the business, with just one partnership.
Yuko Shimizu, Head of Sales, Japan at Apex Group comments: “The success of Integral’s latest fundraising is evidence of their exceptional reputation in the market, as well as the clear and present trend of investment by global investors in attractive Japan-focused buy out opportunities. We are proud to continue our relationship with Integral to provide reliable and flexible fund administration and regulatory services to their latest fund.”
Yasuaki Sumikawa, CFO at Integral Group further adds:” We place substantial trust and confidence in our established relationship with Apex. They can offer a one-stop solution. Moreover, their solid and experienced support delivered in a way that is fully compatible and linguistically conversant with Japanese clients, prior to and throughout service relationship is also a rare asset for a non-Japanese fund administrator.”
About Apex Group Ltd.
Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With 50 offices worldwide and 5,000 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.
About Integral Group
Integral Corporation (Representative Director: Reijiro Yamamoto) was founded in September 2007 as an independent Japanese private equity company investing in listed and unlisted companies in Japan. “Integral” stands for “integral calculus – accumulation over time” meaning that the company will strive to establish a relationship of highest trust with the management of invested companies, and will aim to accumulate the highest wisdom over time. Integral makes equity investments from a long-range perspective through its unique “hybrid investment” approach, utilizing both principal and fund money for investment. Subsequent to investment, the company will provide optimal support in terms of management and finance through the “i-Engine” corporate value enhancement team, and will collaborate with the invested company sharing the same objectives and time horizon and seeing eye-to-eye with its management. Integral aspires to be a trusted investment fund, contributing to society through the success of the invested companies.