Pershing Square Capital Management has appointed Northern Trust for multi-jurisdictional fund administration services.
Northern will support the $9.4 billion hedge fund firm’s Guernsey, Cayman Islands and Delaware domiciled funds.
“Northern Trust has all the capabilities we were looking for in our administration partner,” said Pershing Square CFO Michael Gonnella. “Northern Trust is able to execute the complex daily, weekly and monthly requirements for our funds and deliver seamless service across geographies and products.”
Dave Sauvarin, country head, Channel Islands, Northern Trust, said: “We are delighted that Northern Trust in Guernsey . . .
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