Apex Group‘s Singapore team is working to expand the firm’s presence in Japan, and it recently scored a contract to provide fund administration services to a new Japanese private equity fund.
Japan Growth Investments Alliance (JGIA) hired Apex Group to act as administrator of its JGIA III Series Fund after Apex supported its predecessor fund. but this time Apex plans to offer payment services in Japan.
“JGIA is at the forefront of Japan’s private equity sector, which is quickly becoming one of the most exciting markets for investors in Asia,” said Yuko Shimizu, business development director, APAC at Apex Group. “Having worked with JGIA for several years, we are proud that our work is being recognized and our relationship with JGIA deepened as we take on the administration of this new fund.”
Apex Group is also preparing to offer payment services in Japan for offshore funds as well as onshore funds.
Interest in Japan’s private equity landscape has grown rapidly over the past 12 months, firm officials stressed, with local and international fund managers hoping to reap the rewards of Japan’s geopolitical stability and a business culture that is becoming more comfortable with the asset class.
