Melior appoints Apex to provide fund administration and depositary services
Apex Group (Apex) has been appointed to provide fund administration and depositary services to the debut fund of Melior Equity Partners (Melior).
Melior was launched in early 2020 following the completion of a spin-out of the investment team from The Carlyle Group’s Irish activities. The fund has recently held a first close for its Luxembourg domiciled debut fund.
Fund administration is at the core of Apex’s offering, providing clients with timely, accurate and independent Fund administration using innovative technology and highly qualified personnel with local expertise. In addition to fund administration, Apex will provide depositary services to Melior through subsidiary European Depositary Bank.
Apex’s fully integrated global fund administration system and high-speed, real-time processing enables the delivery of accurate financial information, multi-currency transaction processing and flexible investor reporting. Apex’s experienced team will deliver a full suite of fund administration services to Melior including financial reporting, company secretary, investor communication, capital transactions and legal liaison.
Srikumar T E, Global Head of Fund Solutions at Apex Group, says: “We are delighted to be working with Melior to provide administration services to their new fund. Successfully launching and raising a debut fund during the Covid-19 pandemic is extremely impressive and is testament to the experience of the founders and their investment approach. We look forward to supporting Melior’s team throughout their growth and to providing scalable fund administration services as they seek to build a leading investment firm.”