Apex Group in partnership with fintech company


A partnership has been formed between Apex Group Ltd, a global financial services provider that was established in Bermuda in 2003, and fintech company BITE Investments, which provides high net worth investors access to alternative investments.

The partnership aims to deliver “enhanced solutions” to the Asian asset management market.

BITE provides high net worth investors access to alternative asset funds and their underlying, direct co-investment opportunities in smaller sized amounts. It recently closed a pre-Series A funding round backed by Apex.

BITE said its solution was developed in response to demand from high net worth investors who are typically ‘under-allocated’ to alternative asset classes including private equity.

Peter Hughes, founder and chief executive officer of Apex Group, said: “The opportunity to partner with BITE comes at an ideal time for Apex as we focus our APAC strategy on addressing this underserved space and market opportunity. The combination of our fund, financial and corporate services and longstanding presence in the region, enables us to partner with BITE to provide a technology enabled distribution platform to build Asia’s premium online alternatives investment platform for high net worth investors.

William Rudebeck, founder and CEO of BITE Investments, said: “We are hugely excited by the partnership with the Apex Group and the ability to leverage their institutional global reach to bring BITE’s technology driven access to outstanding alternative investment opportunities. The partnership creates arguably the most compelling solution for investors in the marketplace.

“There are many financial ‘supermarkets’ for high net worth individuals in Asia, but no truly dedicated, trusted, online source of premium alternative investments, and yet, given the performance of some alternative investments, we see huge demand for such a platform.”

You must be registered or signed-in to post comment or to vote.

Published May 14, 2020 at 4:35 pm (Updated May 14, 2020 at 4:35 pm)

Apex Group in partnership with fintech company

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon

  • Take Our Poll

    • "Where is institutional racism in Bermuda most prevalent?"
    • Criminal justice system
    • 16%
    • Education
    • 23%
    • Employment opportunities
    • 39%
    • Healthcare
    • 3%
    • Housing
    • 5%
    • Income
    • 14%
    • Total Votes: 4776
    • Poll Archive

    Today's Obituaries

    eMoo Posts