Apex Capital Management announced today that its shareholders have entered into a separation agreement allowing their New York and Hong Kong companies to pursue individual growth strategies.

Apex New York will continue to manage the Apex Market Neutral Greater China Funds and the Apex North Asia Funds. Apex Hong Kong will continue to manage the Apex Greater China Directional Funds and the Apex China Opportunity Fund.

For additional information, please contact Apex New York at 212-750-5400 or Apex Hong Kong at 852 2826 5200.