Bahrain Office Profile - Apex Fund Administration Services

16 March 2010

Bahrain Fund Administration building

Apex Fund Services Bahrain

Apex Fund Services Bahrain WLL
Bahrain Tourism Company Building
Diplomatic Area, Bahrain
(regulated by the Central Bank of Bahrain)

"PE and Infrastructure Funds have a lot of potential in the region.  Bahrain is a good base for MENA products and both asset classes show a lot of promise whether in the GCC or in MENA."

Nicolas Angio, Managing Director
Email: nicolas@apex.bh
Tel: + 973 17 530217

 The office in Bahrain was established in January 2008 as part of Apex's expansion into the Middle East. Fund managers operating in Bahrain work alongside a regulator that actively promotes independent third parties such as administrators and custodians. As an independent, global fund administrator with local knowledge and contacts, Apex plays an important supporting role to investment managers in the region.

 With the possibility of continued high volatility in global markets over the next few years, Bahrain could come out as a clear winner due to its focus on being a reliable and stable place to do business. The increasing popularity of Shariah compliant products and the reputation of Bahrain as a leader in the field of Islamic Finance should consolidate the country's reputation as a leading financial hub.

Bahrain is the oldest and most established financial centre in the gulf region. Many managers choose Bahrain to domicile their funds as there is a marketing benefit from having a local product known for its robust regulatory framework and the stability of the jurisdiction.

Whether a fund is domiciled locally or offshore, Apex's flexibility and ability to tailor its services ensures it is an invaluable resource to its clients. Through its global brand, Apex provides confidence, transparency and security to investment managers and to investors.

Located in the same time zone, working the Arabic working week and having Arabic speaking staff are key to Apex's ability to deliver enhanced service levels.