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Apex Group Ltd. (“Apex Group” or “The Group”), a global financial services provider, today announces its appointment by NewVest’s inaugural Private Equity 50 Index Fund (“PE 50”).
NewVest is an institutional tech-enabled platform of index funds designed to provide investors with diversified, passive exposure to private markets in the same manner that ETFs and Index Funds provide passive exposure to public markets. Their no management fee funds seek to generate returns that closely emulate the historically attractive pooled returns of an asset or sub-asset class with significantly lower risk than investing in individual private funds.
The PE 50 is designed to allow investors to “buy the market” in private equity in an efficient and scalable manner. The...
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