Apex  Fund Services  (US) Inc.

Managing Director:		Vincent M Sarullo As a twenty year plus seasoned financial professional, Vincent brings a wealth of technical and business acumen to Apex.   Vincent has served as the Chief Financial Officer and Chief Compliance Officer of three alternative investment firms including an SEC registered investment advisor. Vincent also has fund administration experience including time spent at BISYS.   Vincent started his accounting career at Deloitte and Touche LLP in their New York office. He is a member of the American Institute of Certified Public Accountants.
About Apex USA:	Apex Fund Services (US) Inc. was incorporated on the 14th April 2008 and launched on the 1st June 2008. The opening of the US office is a great opportunity for the Apex Group, being a trusted independent service provider. US investors expect, if not insist upon, having an independent administrator to overse the funds they have invested in.
Regulatory Environment:	The alternative investment industry in the United States has grown exponentially throughout the years to become an overwhelming influence in the current market.   The Securities and Exchange Commission (SEC) was created by Congress to regulate the securities markets and to protect investors. The statutes administered by the SEC are designed to promote full public disclosure and to protect the public against fraudulent and manipulative practices in the securities markets. Hedge fund managers, whether directly monitored as Registered Investment Advisors or not, are subject to the oversight of the SEC.   What the SEC is looking for with hedge funds is that sound policies and proceduress are in place. This will ensure items such as asset valuation are covered, which is a growing interest within the United States. In addition, the SEC's policies and procedures look for hedge fund administrators to have books and records to back up any stated performance. Moving the valuation, accounting and reporting function out of the hands of the hedge fund manager and into an independent party settles all concerns.   Apart from the SEC, institutional investors and family offices have become more demanding. These demands are generating scrutiny for hedge fund managers, with a focus on controls. Equally important, they recognise that the fund manager's main value is his knowledge of the markets and prefer that his energies are directed to those endeavours and not the back office.
Contact Details of  Vincent M Sarullo:	E-mail: vince@apexfunds.us Address: 10 Mechanic Street, Suite 240, Red Bank, New Jersey 07701, USA Telephone: +732 936 8420 Fax: +732 936 8425