Fund administrator Apex Group announced a partnership with Allfunds Blockchain to support the digitalization of alternative funds using Allfunds’ distributed ledger technology solution. The combined offering enables greater efficiencies and fewer manual interventions.
“By combining our fund servicing capabilities with Allfunds Blockchain’s infrastructure, we’re enabling real-time, compliance-ready transactions that bring alternative funds into the digital era,” said Daniel Coheur, Global Head of Digital Assets and Fund Distribution at Apex Group.
The companies have previously worked together for shared clients. A year ago, alternative asset manager Hamilton Lane announced a collaboration with Allfunds Blockchain to help with fund distribution in Europe, with Apex acting as transfer agent.
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