Apex offers low-cost option for hedge fund start-ups

Apex offers incubation for emerging hedge fund managers

Apex Fund Services has launched an incubation service for start-up hedge fund managers to try to stem the tide of failures among new managers.

The emerging manager incubation service (EMIS) division "is for the people who are not confident they can raise $50 million out of the gates and so to give them the best chance to start well and not spend too much money," explains Peter Hughes, group managing director at Apex.

The services are aimed at managers starting with assets under management (AUM)