American Ventures prior funds have generated some of the highest returns to investors in the industry. Following a competitive tender process, Apex has been selected to deliver fund administration, tax compliance and related corporate services to support American Ventures. Apex was appointed due to its ability to offer a single-source suite of fund and entity administration services to American Ventures backed by its functional and real estate industry expertise and leading technology solutions. A distinguishing feature for American Ventures was Apex’s ability to support distribution and placement of their Fund.

In May 2021, American Ventures announced the launch of the American Ventures Strategic Property Fund with a target capital raise of $1 billion to invest in distressed U.S. commercial real estate. The investment fund provides a highly tax-advantaged structure for non-U.S. investors.

Michael Sheahan, Global Head of Real Estate at Apex Group comments: “As the Real Estate asset class continues to offer compelling opportunities for institutional investors, we see alternative managers and investors seeking much greater density of products and solutions from their service providers. Apex’s position as single-source financial services provider offers efficiency and convenience of services delivered via one relationship, with the unique capability to support clients from fund distribution, through administration, custody, depositary and trustee services, banking and related financial solutions, entity and corporate solutions. American Ventures has an exceptional track record as one of the top-performing, institutional real estate investment managers in the United States and Apex’s appointment will allow them to focus on their exciting pipeline of acquisitions.”

Philp Blumberg, Founder and Managing Partner of American Ventures Partners, says of the appointment: “We are delighted to have selected Apex whose breadth of services and experience will allow us to focus on the job at hand: efficiently raising and deploying capital to generate returns for our investors. We have been particularly impressed with the team’s ability to support the distribution and placement of our fund, a capability which was central to our decision to appoint Apex. Combined with the depth of their real estate industry expertise and the ability to adapt technology to meet our specific requirements has made them the clear partner of choice for American Ventures Partners’ operations.”