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Apex supports Integral Group with fourth buy-out fund

Apex Group Ltd (Apex) has supported long-standing client Integral Group (Integral), a Tokyo-based private equity group, in the successful raising of Integral Fund IV, which has held its final closing at its hard cap of JPY123.8 billion.

Apex has been appointed to provide fund administration and regulatory services to Integral’s Fund IV Cayman LP, further strengthening the Group’s long-standing relationship with Integral that dates back to 2014.

The Group’s fund administration services ensure the delivery of timely, accurate and independent portfolio accounting, fund and investor reporting underpinned by a range of ‘best in class’ technologies. Integral’s partnership with Apex provides access to FIS’ Investran offering a solution for performing key functions such as managing complex fund structures and supporting multiple sets of books while automating calculations and complex functions.

Integral Fund IV is the fourth buy-out fund raised by Integral Group and will continue to primarily invest in buy-out opportunities in Japanese mid-market segments. The fund was substantially oversubscribed and received strong support from new and existing investors, including Japanese and international banks, insurance companies, pension funds, endowments, and other institutional investors.

Apex’s clients based in APAC, benefit from a connected network of nine local offices in the region, with service delivered by 900 employees. These clients receive a single-source solution with a connected service model that enables them to benefit from any service they might need across the full value chain of the business, with just one partnership.

Yuko Shimizu, Head of Sales, Japan at Apex Group, says: “The success of Integral’s latest fundraising is evidence of their exceptional reputation in the market, as well as the clear and present trend of investment by global investors in attractive Japan-focused buy out opportunities. We are proud to continue our relationship with Integral to provide reliable and flexible fund administration and regulatory services to their latest fund.”

Yasuaki Sumikawa, CFO at Integral Group, adds: ”We place substantial trust and confidence in our established relationship with Apex.  They can offer a one-stop solution. Moreover, their solid and experienced support delivered in a way that is fully compatible and linguistically conversant with Japanese clients, prior to and throughout service relationship is also a rare asset for a non-Japanese fund administrator.”

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