Apex Group acquires Banco Modal's fund administration business in Brazil

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Apex Group acquires Banco Modal's fund administration business in Brazil

Apex Group, a global financial services provider, announced today it will acquire Banco Modal's alternative fund administration business in Brazil (MAF). This is the Group's second acquisition announcement this month, following that of FundRock, and supports its longstanding strategy for delivering local service on a global scale. MAF adds 75 employees to the Group, increasing its overall Americas headcount to over 400 people, while broadening its existing presence in Latin America thro...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.