London: 20 January 2011: Apex Fund Services, the world's largest independent global fund administration company, is delighted to announce that it won two 'Best Fund Administrator' awards at last night's Service Provider Awards ceremony, arranged by FundDomiciles.com.

The awards were given to Apex's Bermuda and Gulf offices (Dubai, Abu Dhabi and Bahrain). In addition Apex's offices in Ireland, Isle of Man and Malta were also short listed for awards.

Award winners were selected as a result of votes received from fund managers as well as being based on the views of a panel of judges.
Winners were announced following a televised panel discussion during which Apex's Peter Hughes highlighted the importance of fund administrators to be located alongside their clients to ensure they can properly support fund managers with the growth of their businesses and funds.

Peter Hughes, Managing Director of Apex Fund Services Ltd, commented:

“We are delighted to receive these two awards which reflect the progress of the Group made during 2010 and the personalized services we offer. “Fund managers continue to demand higher and higher levels of service from their administrators and with the regulatory system set to tighten further, the Apex global network is demonstrating its strength. “We plan to move into new territories during 2011 as we build the depth of service we can offer existing and potential clients. Apex is unique in that we have the capability to service any size fund, fund structure, fund strategy in any fund domicile.”

For further information:
www.apexfundservices.com
Peter Hughes +44 7780 997609 peter@apex.bm
Managing Director
Mark Way +44 7786 116991 mark@apexfunds.co.uk
Corporate Communication


About Apex Fund Services Ltd.
• With over $15 billion of assets under administration Apex services its clients through 21 offices across the globe.
• In the last year alone Apex has taken in over 100 new clients. The firm continues to launch into new territories to provide "local" services to its clients with regional expertise
• Apex's client base consists of hedge fund, long only and private equity managers, ranging in size from start-up operations to global businesses.
• The firm services a variety of alternative investment products such as real estate, private equity, venture capital, commodities and hedged and absolute strategies.
• The firm provides the full suite of products and services, including fund set up, portfolio valuations, fund accounting, shareholder services, corporate secretarial administration, directorships and listing sponsorship.