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People · Platforms & Custody
Peter Hughes — Founder and CEO · Apex Group Ltd · Hamilton, Bermuda.
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About
When I founded Apex in Bermuda in 2003, my vision was simple: to combine tailored service with global scale and build a business valued by every client. That principle continues to guide us. We build our services around each client’s needs, not our product set. Over the past five years, we have transformed from a large-scale asset servicer into a fintech and distribution-led financial services business. Today, we support fund managers and financial institutions globally through a single-source solution spanning structuring, distribution, operations, and data. By connecting these capabilities, we provide a consistent client experience and help clients access new investors, markets, and opportunities. We now have 13,000+ specialists across over 50 countries and service $3.5tn+ in assets. We continue to invest in our people, technology, digital infrastructure, and distribution capabilities in order to respond, as our clients’ businesses and markets change. My focus remains the same: to understand what clients need and shape our services around them.
Experience
Founder and CEOCurrent
Apex Group Ltd
Sep 2003 – Present
I started Apex Group in 2003 in Bermuda with a simple idea: give small and mid-sized asset managers access to the same quality of independent fund administration that, at the time, only the largest managers could get. More than 60 acquisitions and over two decades later, that idea has grown into a global business serving over 10,000 clients across 50+ countries, with 13,000+ specialists managing $3.5tn+ in assets. What hasn't changed is the ambition behind it. We built Apex to be the single-source partner fund managers and institutions can rely on across the entire value chain, from fund structuring and capital raising to operations, custody, and digital assets. I've never believed firms should have to stitch together many vendors to get world-class service. They should have one partner who scales with them at every stage of their growth. I'm proud of the entrepreneurial culture we've kept alive even as we've become one of the largest independent fund asset servicers in the world. We're not finished, from tokenization to AI-enabled operations, we're building the infrastructure our clients will need for the future.