Amplitude Capital has chosen Apex Fund Services to administer its offshore funds.
Amplitude, which manages assets worth more than $1.5 billion through operations in Switzerland, the UK and the Cayman Islands, chose Apex because it offered a personalised and highly tailored service.
John Harrison, group CFO at Amplitude, commented: “In this fast changing environment, managers need more than simple ‘off the shelf products’. We were attracted to Apex’s flexible approach and look forward to a close working relationship.”
Apex’s mandate wins over the past year have increased the number of funds it services by more than 40 percent and pushed the value of the assets it administers to more than $45 billion.
Commenting on this growth, Bill Salus, CEO of Apex, said: “Being able to offer entirely impartial advice from highly experienced teams in all of the world’s major financial centers is at the heart of the Apex high service levels. I would like to welcome Amplitude Capital and all of our new clients.”
