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Peter Hughes
Source: Apex Group Ltd.
Loni Prinsloo
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Financial services provider Apex Group Ltd. plans to turn South Africa into a “global hub” to assist asset managers from around the world following its purchase of two companies, Chief Executive Officer Peter Hughes said.
The company backed by San Francisco-based private equity firm Genstar Capital has 1,300 employees in South Africa after its acquisition of two fund administrators — Maitland Group and Sanne Group. Apex plans to double workers in the next two years, Hughes said.
