Emerging Managers

Fund Structure

Apex has registered and launched its own Segregated Accounts Company incorporated in Bermuda. The Company is a mutual fund company and is classified as an Institutional Fund under the Investment Funds Act 2006 under The Companies Act 1981 of Bermuda. A segregated account is an account containing assets and liabilities that are legally separated from the assets and liabilities of the company’s ordinary account.

This enables multiple investment managers to be added to this umbrella structure with their own distinct investment style and process with their respective business and assets separate from other participants in the structure. This is a costs efficient way of launching a new fund.

Currently there are 14 segregated accounts included in the structure.

Infrastructure

Following recent events, the number of new funds starting has fallen drastically and the number of fund closures is up drastically. Investment Managers will always have good ideas of how to create returns but, in some cases, to cost of establishing and creating a new fund can be prohibitive.

Apex Fund Services can help. In conjunction with Hedge Fund Hotel, London , we have the ability to offer new or emerging managers with prime London office facilities, Company incorporation services, IT Network and support, dedicated secure servers, a disaster recovery programme, Bloomberg access, conference facilities and administrative support. We can also assist with the introduction to reputable brokers, banks, auditors and other service providers.

In addition to these standard services, we also offer full legal support, including company and fund set-up and ongoing advice, comprehensive fund administration and access to fund platform, management accounting, access to third-party marketing and capital introduction, seminars on key sector issues and comparative jurisdiction analysis and marketing and branding.

Emerging Manager Platform provides a total cost effective and efficient solution for new fund start ups. It allows fund managers to launch funds with a lower amount of seed capital which enables them to start their business and establish a track-record without the higher costs structure associated with owning and managing a fund.