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Apex Gets $30M In Venture Funding

Hedge fund administrator Apex Fund Services has secured $30 million in venture capital funding.

Hedge fund administrator Apex Fund Services has secured $30 million in venture capital funding. FTV Capital provided the funding for a minority interest in the firm.

Apex will use the money to fund both acquisitions and global growth plans, adds Financial News. Brad Bernstein, FTV Capital partner, head of the firm’s New York office, has joined Apex’s board of directors. Frank Ennis of Katalyst Partners advised Apex.

Click here for the release from Business Wire.

Click here for additional coverage from Financial News.

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