Dublin-based asset manager BCP has picked Apex to provide fund administration services. 

The agreement follows the launch of two new BCP funds and a recent €100m commercial property acquisition by the firm in the Irish capital.

BCP has over €2bn assets under management and specialises in real estate.

Apex services over $45bn worth of assets globally.

“BCP has chosen to partner with Apex to deliver our fund administration requirements as they demonstrate an exceptional knowledge and capability of service in the private equity and property funds space in particular,” said John Calvert, chief executive of BCP.

“They combined commerciality with strong technical support and compliance knowledge.  We required an expert administrator that could deliver a cost effective solution for our 3 existing funds, with further funds planned.” 

John Bohan, managing director for Apex EMEA and Apex Ireland, added:  “We are delighted to be able to provide BCP with the specific solution they require to support this important part of their investment portfolio.

“We have a great deal of experience administering regulated funds, both liquid and illiquid, and can add true value to support the already robust internal infrastructure at BCP.”