Apex has become one of the first global fund administrators to receive regulatory approval to operate in India’s Gujarat International Finance Tec-City (GIFT City) International Financial Centre. GIFT City is a planned IFSC which is being developed as a global financial and IT services hub, the first of its kind in India. With this latest regulatory approval, Apex will open a GIFT City location, from which it will offer fund administration services and will work with regulators to deliver Apex’s full single source solution, including ManCo services.