Genstar Capital-backed Apex Group Ltd. is buying GFin Corporate Services Ltd. Mauritius-based fund management company GFin follows Apex’ recent international investments in Luxembourg, Brazil and the UAE.

The purchase allows Apex to expand its fund administration services in Mauritius. “The acquisition of GFin further strengthens Apex’s presence in Mauritius, a growing regional hub for investors looking to access both Asian and African markets. GFin has grown to become one of the leading administrators in Mauritius and will add depth to the services and products on offer to our clients.” says Apex founder and CEO Peter Hughes.