Apex Group, a global financial consultancy, has announced the appointment of Matthew Pykstra as Senior Executive Officer to lead the operations of FundRock Investment Management Services Middle East Ltd, with immediate effect.

Matthew joined the group in 2022 as the Head of FundRock Management Co. after the acquisition of Sanne Group. He has been promoted to oversee global operations for the Middle East region.

In his new role, Matthew brings over 10 years of core industry expertise. He will assume responsibilities from Martin Bond, who has been appointed as the new Regional Head of Client Relationship Management for the group's Middle East operations. Martin brings over 25 years of extensive experience in regional and relationship management for valued customers in the region.

Both appointments are effective following the appointment of industry veteran Richa Goyal as a Non-Executive Director of FundRock Middle East.

In welcoming Matthew and Martin to the leadership team, David Rhydderch, the Global Head of Financial Products and MD for EMEA, said, 'We continue to see significant demand for our Management Co. service in the Middle East from funds across various fast-growing asset classes, including Private Equity, Credit, Venture Capital, Real Estate, and Digital Assets. We are uniquely positioned in the market with our single-source model, capable of offering our clients not only Management Co. services but also all the solutions they require through the global Apex Group of companies. Matthew brings extensive experience in management companies, and under his leadership, we look forward to the growth of FundRock Middle East.'

Matthew added, 'I am excited to take on this new role as SEO of FundRock Middle East, where we see substantial demand and potential for our ManCo solutions. With a strong organic growth pipeline in place, I look forward to working with Martin and the team to support new and existing clients and drive their continued growth, operational efficiency, and success through our single-source solution.'

The new leaders will further enhance relationships with asset managers and businesses seeking funds to expand their operations in the United Arab Emirates.