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Apex Completes Deutsche Alternative Fund Services Deal

Apex Group Ltd announced today that it has completed the acquisition of Deutsche Bank Alternative Fund Services, adding $170 billion in assets under administration to the Group's portfolio. First announced in October 2017, the acquisition of Deutsche Bank AFS strengthens Apex's breadth of service, including the addition of depositary and custody services, and builds on the strong working relationship and history of collaboration between the two companies. With the successful close of this transaction, Deutsche Bank AFS employees will be fully integrated into the Apex team, and Deutsche Bank AFS clients will gain immediate access to an additional 18 jurisdictions, as well as Apex's renowned local...