Apex Group has been appointment by Capital Prudential Manager Pty Ltd 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, 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.”