Apex Group has closed its acquisition of Darwin Depositary Services, a Netherlands-based provider of depositary services to alternative investment funds including hedge funds, real estate, debt and private equity funds as well as funds investing in infrastructure and renewable energy.

Apex Group has closed its acquisition of Darwin Depositary Services (Darwin), a Netherlands-based provider of depositary services to alternative investment funds including hedge funds, real estate, debt and private equity funds as well as funds investing in infrastructure and renewable energy.
 
The addition of Darwin, which services clients in the Netherlands and outside of the EU, adds €4.5 billion of Assets under Depositary to Apex Group.

Apex Group provides depositary services to a range of regulated fund types, underpinned by top-tier technology and workflow systems. This addition expands the geographic scope of Apex Group’s independent depositary services, with the Group now able to deliver depositary solutions in Luxembourg, Ireland, UK, Sweden, Denmark and the Netherlands through its subsidiary European Depositary Bank (“EDB”) and specialist local entities.
 
As part of Apex Group, Darwin’s clients will benefit from the simplicity and efficiency of a single relationship with a global service partner across the full value chain of their business; including custody, digital banking, fund administration, super ManCo and ESG Rating & Advisory solutions.

Darwin’s experienced and high-quality senior team have joined Apex Group’s team in the Netherlands, ensuring continuity of exceptional service levels for existing and future clients.