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Marlin Capital Partners expands Apex Group partnership

11 August 2022

Apex Group Ltd. (“Apex Group” or “the Group”), a global financial services provider, announces today that it has extended its existing partnership with Marlin Capital Partners (“Marlin”) to provide fund administration and accounting services to its latest fund Marlin RSP.

Marlin Capital Partners is headquartered in Nassau, The Bahamas and is licensed and regulated by the Securities Commission of The Bahamas to offer advisory services and manage assets on a discretionary basis.

Marlin RSP was launched in February 2022, representing a 70% growth in the firm’s assets under management to target discrete market opportunities created by short- and long-term inefficiencies. Marlin RSP has wide freedom to target investment opportunities across varying asset classes. Apex Group will provide Fund Administration, Middle Office, Business Services and Compliance Services for Marlin RSP.

This extends Apex Group’s existing partnership with Marlin, having been appointed in 2021 to provide outsourced Management Company, Middle Office and Fund Administration services to the Marlin Money Market Fund.

 

Apex Group’s single-source solution encompasses a wide range of services under one roof, enabling clients, such as Marlin, to create efficiencies, reduce costs and improve controls by outsourcing the back-, middle- and front-office operational framework. A recent Total Economic Impact (TEI) report by Forrester Consulting found that on average, clients of Apex Group’s single-source solution, achieved a return on investment of 105% and cost benefits of $5.39m, with a net present value of $2.75m over a three-year period.

Jason Meklinsky, Head of Business Development, Americas at Apex Group comments: “We are pleased to announce our continued relationship with Marlin Capital Partners - with this appointment to service their latest fund a ringing endorsement of the quality of the work undertaken by our team to date. We look forward to continuing to work with the Marlin team on this and future funds, allowing them to focus on delivering performance and growth, while our experienced experts provide the resources to ensure greater operational efficiency.”

Richard Heathcote & Zachary Lyons, Partners at Marlin Capital Partners add: “We value Apex Group’s experience and ability to meet our funds’ outsourced service requirements through their single-source solution. Our latest fund launch represents a 70% increase in assets under management and so it is important that our service provider can scale with our business. We are now able to access all the fund administration, middle office, business and compliance services we require through one convenient and efficient relationship. We continue to be impressed by the level of client service we receive and the knowledge of the team.”

About Apex Group Ltd.

Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With over 80 offices in 40 countries worldwide and more than10,000 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

About Marlin Capital Partners

Marlin Capital Partners is a boutique asset management and advisory firm headquartered in Nassau, The Bahamas. It is licensed and regulated by the Securities Commission of the Bahamas (SIA-F231). It provides advisory services as well as fund management via funds in the Cayman Islands (CIMA).

http://www.marlincapitalpartners.com/

 

Press contact:

Antonia Powell Antonia.powell@apexfs.com 

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