Fund Administration Overview
The principals of Lazorne Group have a minority shareholding in Apex Fund Services (Australia) Pty Ltd ("Apex (Australia)"). Apex (Australia) forms part of the Apex group of companies ("Apex Group").
The Apex Group delivers global fund administration solutions to Fund Managers investing in traditional and alternative asset classes.
The Apex Group offers full portfolio administration services for a range of investment structures including retail and/or wholesale Funds, Fund-of-Funds, listed Funds, private equity Funds, Self-Managed Funds, Self Managed Accounts, Managed Discretionary Accounts, Mutual Funds, UCITs, SICAVs, Private Equity Funds, Real Estate Funds, Shari'ah compliant Funds and Partnerships - operating both locally and abroad.
The Apex Group offers clients a wide variety of specialised and integrated products, supporting middle and back office, fund administration, complex financial products, reporting, corporate secretarial and fund formation services.
With extensive industry expertise, innovative products and robust operating solutions, the Apex Group has become internationally recognised as one of the world's leading and fastest growing independent fund administration businesses.
The Apex Group understand the complexities of the alternative investment world. The software used can be used for different investment strategies and alternative financial instruments in a global environment. It too provides a range of flexible accounting, valuation and reporting options to cater for high end institutional and sophisticated investor needs.
Since it offers external third party administration services, the Apex Group offers peace of mind to investors, as they know that valuations are being calculated independently.
The Apex Group uses sophisticated technology. Accordingly, it is well equipped to handle complex transactions (on both the long and short side) and is able to perform very complex computations across the suite of financial products (e.g. performance fee calculations can high watermarks, hurdles and series consolidations).
We note in particular that it is an integrated solution i.e. it is ONE system that performs ALL functions as opposed to other solutions whereby different technology is required for the various components, resulting in interoperability constraints. Many administrators still use spreadsheets to perform calculations and/or employ legacy stand-alone registry and accounting systems. The Apex Group utilises integrated state of the art technology to offer a seamless integrated solution, thus maximizing efficiencies and reducing the room for error.
For more information we refer you to the website for the Apex Group.