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Apex Group Ltd. (“Apex” or “The Group”), one of Luxembourg’s largest financial services providers and employers, welcomes its new strategic minority investors led by TA Associates (“TA”) and including Mubadala Investment Company and Carlyle. As previously announced, these firms have invested alongside existing investor Genstar Capital (“Genstar”), a growth-oriented private equity firm, as well as Founder and CEO Peter Hughes and the Apex management team.
Following investment from Genstar in 2017, Apex Group has grown both organically and via strategic acquisitions. Including recently announced acquisitions, The Group has increased its assets under administration from $50 billion to $2.75 trillion in assets serviced across administration, custody, depositary and under...
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