Apex Group Ltd. (“Apex” or “The Group”), a global financial services provider, announces today the acquisition of Pacific Fund Systems (“PFS”), a leading global fund administration software business, from co-founders and Pollen Street Capital. This acquisition follows Apex Group’s longstanding partnership with PFS through the use of PFS-PAXUS and will expand use of the technology platform to enhance the delivery of timely, accurate and independent portfolio accounting, fund and investor reporting.
Founded in 1999, PFS supports the investment fund clients via its core PFS-PAXUS product. PFS-PAXUS is a specialist accounting and administration software that fully supports the administration of all manner of open and closed ended traditional and alternative funds,...
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