Apex Group to acquire fund services provider Mainspring

Global, September 1, 2022 — Apex Group Ltd. (“Apex Group” or the “Group”), a global financial services provider, announces today the acquisition of Mainspring, a UK-based provider of venture capital fund administration and accounting services. Mainspring provides outsourced administration and accounting services to small and medium-sized venture fund managers in the UK. Mainspring also operates an…

Mainspring Fund Services wins second Award for Fund Administration 2021

We are honoured to announce that Mainspring has received a second award for its Private Equity administration service this time from The Drawdown, a leading Private Equity media publication, at their awards ceremony on Thursday 23 September. The Drawdown Awards recognises excellence and innovation within Europe’s very best private capital fund operations and our award…

True appoints Mainspring as fund administrato

True appoints Mainspring as fund administrator for its latest PE fund & Seed Stage Fund

We are delighted to report that Mainspring has been appointed as fund administrator for True’s third investment fund of £275m and seed-stage fund which has initial commitments of £40m at first close. In addition to existing funds brings total AUA, in just five years, well in excess of £600m. True’s PE fund takes majority and…

British Virgin Islands private investment fund FNF Capital appoints Mainspring as Fund Administrator

Mainspring is pleased to announce the launch of Family & Friends, a private investment fund domiciled in the British Virgin Islands. The vehicle will be investing as a Limited Partner in a select number of emerging market funds, managed by established private equity teams. FNF Capital was founded and is managed by an industry veteran…

Mainspring, fund administration at scale and complexity for Doughty Hanson

Customer Insight: DH Private Equity Partners (DH), known as Doughty Hanson prior to rebranding, invested €7 billion over 60 companies through several funds with multi-jurisdictional fund structures.  The Firm was focused on mid-market European private equity and has been acknowledged as a pioneer in the area of active ownership and value enhancement. Following a successful…

Mainspring & Aspida $550m Guernsey Private Investment Fund launch

Mainspring Fund Services and Aspida Group are delighted to announce a partnership agreement providing Guernsey domiciled private equity and venture capital funds the total solution for fund governance, compliance, administration and reporting. They are also pleased to report the first fund launch for this partnership, a $550m Guernsey Private Investor Fund which completed its first…

Reporting Services 2020

Mainspring’s new reporting platform delivers additional operational efficiencies for fund managers. We are pleased to announce the launch of Mainspring’s venture capital and private equity ‘Reporting Services 2020’.  This new reporting services platform, when combined with Mainspring’s near real-time capital administration and accounting services, will provide UK mid-market fund managers with the highest levels of…