Apex Group Ltd (Apex), a global financial services provider, has extended its longstanding relationship with Aizawa Asset Management (AAM) to provide services to their new Cayman fund, Ariake Secondary Fund III LP (ASF-III).
Apex Group Ltd (Apex), a global financial services provider, has extended its longstanding relationship with Aizawa Asset Management (AAM) to provide services to their new Cayman fund, Ariake Secondary Fund III LP (ASF-III).
Apex has been appointed to provide Fund Administration and Regulatory Services to ASF-III, having serviced AAM’s Ariake Secondary Fund I LP (ASF-I) and Ariake Secondary Fund II LP (ASF-II), since 2015.
AAM, one of Japan’s leading alternative investment management companies, completed the first closing of its third secondary strategy fund, ASF-III, on April 7, 2022, and has onboarded investors for its initial closing phase.
The Cayman Islands-domiciled ASF-III will, in accordance with its secondary strategy, acquire low liquidity assets such as fund LP interests to private equity funds as buy-out funds and venture capital funds, domiciled in and outside Japan, held with Japanese local investors, as well as unlisted company shares held with private equity funds. The partnership fund will co-invest along with top-tier Japanese private equity funds.
