MJ Hudson, which specialises in private markets and alternative investments, provides advisory, outsourcing and analytical services. Its acquisition by Apex Group will add services such as ESG solutions, manco services, quantitative solutions, investment advisory, custodian bank benchmarking, Channel Islands fiduciary and fund administration, as well as investor relations and marketing solutions, noted the press release published on 11 April.

“With the addition of MJ Hudson’s ManCo business, we will consolidate our position as one of the largest super ManCo providers in both the Luxembourg and Irish markets, offering scalable, pan-European solutions to clients,” said Peter Hughes, founder and chief executive officer of Apex Group. “We look forward to welcoming new clients and 250 colleagues to Apex Group which offers a secure and supportive home for their future growth and success.”

MJ Hudson’s ManCo services in Ireland and Luxembourg will add approximately €80bn of assets under management to Apex Group’s current European manco offering, which is delivered via its subsidiary FundRock in Luxembourg, the UK and Guernsey, said the press release.

“Apex Group offers the right platform for our teams to continue supporting asset managers with the right resources, advice and technology to meet their evolving outsourced service requirements,” said Geoff Miller, chairman of MJ Hudson. “We are excited by the opportunities this transaction offers for both MJ Hudson employees and our clients, and look forward to beginning a new chapter as part of Apex Group.”

This latest acquisition by Apex Group follows the in January 2023,  and , amongst others.

The acquisition of MJ Hudson will add 250 people to Apex Group’s 12,000 employees. Present in 38 countries, Apex Group provides financial services to asset managers, financial institutions, private clients and family offices, and aims to offer a single-source solution.