Northern Trust has been selected by Anchorage Capital Group to provide its hedge fund administration.
Anchorage Capital Group is a New York-based investment adviser.
Natalie Birrell, partner and COO of Anchorage Capital Group, said: “Northern Trust’s strong commitment to client service, collaboration and efficiency, combined with their leading-edge technology, make them the ideal partner for our administration needs.”
Jeff Boyd, CEO of hedge fund services, North America at Northern Trust, commented: “In challenging markets, fund managers need flexible and scalable operational solutions from a strategic partner that will provide an exceptional level of service to their investors.”
He added: “Our global capabilities and understanding of the market align well with Anchorage’s needs. They have our full commitment to provide them with holistic solutions to meet today’s demands and adapt to support their investment strategies in the future.”
