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Fund services news

Northern Trust expands partnership with Alchemy


18 February 2025 Guernsey
Reporter: Jack McRae

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Image: stock.adobe.com/nadzeya26
Northern Trust has expanded its relationship with Alchemy Partners to deliver asset servicing solutions for Alchemy Special Opportunities Fund V.

The new special opportunities fund will invest in mid-market corporate special situations across Europe through loans, debt and equity securities.

Northern Trust will continue to provide Alchemy with a range of services including fund administration, depositary, banking, custody and credit to support the launch of the fund.

Dave Sauvarin, head of Northern Trust Channel Islands says: “We are delighted to continue this collaboration and design a comprehensive asset servicing offering supporting this fifth special opportunities fund, further strengthening our support to Alchemy.”
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