Andrea Gallenca

Apex Group Ltd. (“Apex Group” or “The Group”), a global financial services provider has announced its appointment by Capital Prudential Manager Pty Ltd (“Capital Prudential”) to support the Capital Prudential Real Estate Master Trust.

Capital Prudential is a leading non-bank financial institution, offering attractive returns from pooled investment in diversified property developments delivered entirely as regular predictable income streams. Apex Group has been appointed to provide Fund Administration, Loan Administration and Compliance Services, to supplement Capital Prudential’s centralised risk management, treasury and settlements function to ensure that investors benefit from best-in-class risk management.

Fund administration is at the core of Apex’s single-source solution, delivering timely, accurate and independent services, underpinned by market leading technology platforms. According to a recent Total Economic Impact (TEI) report by Forrester Consulting, clients of Apex Group’s single-source solution achieve, on average, cost benefits of $5.39m, with a net present value of $2.75m over a three-year period. Apex Group’s Loan Administration offering is seamlessly integrated with Fund Administration services and technology platforms, to deliver cohesive end-to-end solution.

Alongside fund and loan administration support, Apex Group will also deliver tech-enabled compliance solutions to meet their operational and regulatory obligations. Apex Group’s Global Compliance Solutions team, which has recently expanded in Singapore,  works closely with the Group’s Corporate Solutions experts to combine regulatory compliance with back office, bookkeeping and entity formation services, ensuring a seamless solution for clients, from licensing to full launch and ongoing support to businesses.

This appointment follows Apex Group’s continued growth in Australia and New Zealand, including the strategic acquisitions of Mainstream Group and MMC, and new client wins including Foord Asset Management, Octopus Investments Australia, Perennial Partners and New Forests.

Andrea Gallenca, Head of Private Market Sales, Australia at Apex Group comments: “We are excited to be working with Capital Prudential through the provision of locally delivered fund and loan administration as well as compliance services. Our integrated solutions will enable Capital Prudential’s experienced team to focus their attention on generating stable fixed income returns from diversified property development portfolios whilst maintaining a deep focus on capital preservation and risk management.”

Sam Moore, Managing Director, Capital Prudential Funds Management further adds: “We appointed Apex Group as their agile, global single-source solution delivers efficiency, tailored to our fund and loan administration, as well as compliance needs, through one convenient relationship. We look forward to working together deliver the highest levels of governance and operational efficiency, for the benefit of our investors.”

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Andrea Gallenca

Apex Group Ltd. (“Apex” or “The Group”), a global financial services provider, today announces its appointment by Octopus Investments Australia (“Octopus Australia”) to provide services to its fund structures focused on renewables investment.

Octopus Group is one of the largest owners of renewable energy projects in Australia and Europe, owning some 260 assets on behalf of wholesale and institutional investors. Octopus Australia is responsible for managing over AUD$1 billion of construction and operational assets.

Octopus Australia is building a portfolio of renewable energy assets that will help Australia lower its carbon emissions and meet its renewable energy targets while delivering sustainable, long-term returns for investors.

Since launch, Octopus Australia has already seen sizable growth of their team, portfolio and the launch of innovative partnerships. Within the Octopus portfolio is Australia’s largest solar plant, the 333MW facility in Darlington Point, NSW – enough to power 115,000 homes and Octopus recently partnered with the $10bn Clean Energy Finance Corp, to invest in renewables in Gippsland.

Apex will provide Octopus Australia with Fund Administration, Investor Onboarding, Share Registry and Tax Services for new fund structures dedicated to investing in renewable energy in Australia. These fund administration services sit at the core of Apex’s single source offering and are underpinned by the industry’s leading technology platforms.

This announcement follows a series of high profile strategic acquisitions for Apex in Australia and New Zealand, including Mainstream Group, MMC and IFAA, and strong organic growth momentum including appointments by Australian growth investor Perennial Partners  and nature-based real assets investment manager New Forests.

Andrea Gallenca, Head of Private Market Sales – Australia at Apex Group comments: “As a carbon neutral business that has offset a lifetime of carbon emissions, Apex is the perfect fit to be supporting Octopus Australia as they invest in renewables. Our robust and scalable technologies and fund administration services will allow the Octopus Australia team to focus on facilitating the deployment of capital towards projects which benefit not only their investors, but our planet, now and in the future.”

Campbell Ross, Head of Finance and Operations -Octopus Australia further adds: “We believe there is a huge opportunity to unlock investment in renewables by building a bespoke portfolio of renewables assets to create better outcomes for our investors. Apex has demonstrated exceptional quality of service, underpinned by flexible and adaptable technology systems and platforms, which crucially, can meet our fund administration needs as they evolve as we continue to grow our portfolio. We look forward to working closely with the knowledgeable Apex team in Australia.”

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Andrea Gallenca

Apex Group Ltd. (“Apex” or “The Group”), a global financial services provider, announces today the appointments of Andrea Gallenca as Head of Private Market Sales – Australia and Prakash Kharel, Head of Real Estate, Asia Pacific.

These hires are further evidence of Apex’s continued commitment to growth across the APAC region to provide clients with the broadest range of locally delivered solutions in the industry; across, fund administration, corporate solutions and ESG services.

Based in Sydney, Andrea will oversee the Group’s Private Markets’ sales operations in Australia. Andrea brings more than 18 years of experience in the private funds industry, with a focus on Fund Administration, Trust and Corporate Services. Prior to joining Apex, Andrea was Head of Sales at Alter Domus Australia where he built and managed multi-service and -jurisdictional relationship with clients across APAC and EMEA. He previously worked as Director of Global Business Development at TMF Australia.

Prakash joins Apex in Singapore from Revantage Asia, provider of corporate services to Blackstone’s real estate investment structures and investment entities, where he was Head of Finance. He brings a wealth of experience in the Real Estate sector, having held senior finance roles at JLL in Sydney and Singapore. He is a qualified accountant by training and began his career in accountancy practice in Australia.

Apex opened its first office in Asia in 2007 and now has seven offices across the region, over 190 employees in the APAC region and circa $40bn in regional AUA, making it one of the largest financial services providers in the region.

This latest appointment follows Apex’s recent hires of Debbie Lee as Country Head, China and  Claudia Bolanos as Head of Corporate Services, APAC and Apex’s successful bid for Australian fund administrator Mainstream Group.

Valerie Mantot-Groene, Head of APAC at Apex Group comments: “Asia’s private markets, including real assets have continued to mature, supported by several new and updated onshore fund structures introduced over the last year.  As service providers, we must be equipped with the best talent in the market to deliver our single-source solution to meet the increasingly sophisticated service requirements of our clients. We look forward to working with Andrea and Prakash, who join at an exciting time for our business in the APAC region as we grow our locally delivered financial services offering.”

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