Thu, Jul 2, 2026
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Pershing Square Capital Management selects Northern Trust for multi-jurisdictional fund administration services

Friday, November 13, 2020
Opalesque Industry Update - Northern Trust was recently appointed to provide fund administration services for Pershing Square Capital Management. Under the mandate, Northern Trust will support Pershing Square's Guernsey, Cayman and Delaware domiciled funds.

"Northern Trust has all the capabilities we were looking for in our administration partner," said Pershing Square chief financial officer 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."

"We're very excited to begin this relationship with Pershing Square," said Jeff Boyd, chief executive officer, Northern Trust Hedge Fund Services. "We pride ourselves on our global reputation and are thrilled to support Pershing Square's investment business with a consistent high-quality service across regions."

Dave Sauvarin, country head, Channel Islands, Northern Trust, said: "We are delighted that Northern Trust in Guernsey has been named Administrator and Company Secretary to Pershing Square Holdings, and look forward to playing an important role in this multi-jurisdictional relationship with Pershing Square."

Northern Trust offers an extensive range of asset servicing solutions for many of the world's leading asset managers and asset owners across sectors including private equity, private debt, real estate, infrastructure and hedge funds. Its broad range of services includes fund administration, depositary, custody, middle office, banking, treasury and sophisticated reporting solutions.

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Nvidia extraordinary growth and the challenge of sustaining demanding valuations over time[more]

    Antonio Di Giacomo, Senior Market Analyst at XS.com, writes: Nvidia has established itself as one of the most extraordinary growth companies in the global technology sector. Over the past two fiscal years, its revenues have risen from levels close to $60 billion annually to well above $120 billi

  2. Secondaries take center stage: What the 2026 PE landscape means for GPs and investors[more]

    Matthias Knab, Opalesque for New Managers: The 2026 edition of Dechert's Global Private Equity Outlook - "Signs of a Gradual Thaw" - marks a notable shift in industry sentiment. After years of compr

  3. And, finally: Time to share it with the people[more]

    From Newsoftheweird: Leavenworth, Washington, has become a tourist destination because of the Bavarian theme businesses have adopted there, NPR reported. One shop, the Leavenworth Nutcracker Museum, houses the world's largest nutcracker collection, thanks to 101-year-old Arlene Wagner. Wagner sta

  4. Opalesque Exclusive: Private Markets Evergreen Funds - An Insider's View[more]

    Matthias Knab, Opalesque for New Managers: Private Markets Evergreen Funds: What Investors Need to Know Before They Dive In The democratization of private markets is well underway. Structural barriers t

  5. Opalesque Exclusive: Governance, Scale, and Boutique Resilience in a Consolidating Hedge Fund Industry[more]

    Matthias Knab, Opalesque for New Managers: The hedge fund industry has undergone significant consolidation in recent years, with capital increasingly concentrated among large multi-strategy platforms. Yet boutique m