{"id":379249,"date":"2020-11-12T04:18:24","date_gmt":"2020-11-12T09:18:24","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=379249"},"modified":"2020-11-12T04:18:24","modified_gmt":"2020-11-12T09:18:24","slug":"pershing-square-capital-management-l-p-selects-northern-trust-for-multi-jurisdictional-fund-administration-services","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pershing-square-capital-management-l-p-selects-northern-trust-for-multi-jurisdictional-fund-administration-services\/","title":{"rendered":"Pershing Square Capital Management, L.P. Selects Northern Trust for Multi-Jurisdictional Fund Administration Services"},"content":{"rendered":"

<\/p>\n

Pershing Square Capital Management, L.P. Selects Northern Trust for Multi-Jurisdictional Fund Administration Services <\/b><\/p>\n

GUERNSEY–(BUSINESS WIRE<\/a>)–
\nNorthern Trust (Nasdaq: NTRS) was recently appointed to provide fund administration services for Pershing Square Capital Management, L.P. (\u201cPershing Square\u201d). Under the mandate, Northern Trust will support Pershing Square\u2019s Guernsey, Cayman and Delaware domiciled funds.\n<\/p>\n

\n\u201cNorthern Trust has all the capabilities we were looking for in our administration partner,\u201d said Pershing Square chief financial officer Michael Gonnella. \u201cNorthern Trust is able to execute the complex daily, weekly and monthly requirements for our funds and deliver seamless service across geographies and products.\u201d\n<\/p>\n

\n\u201cWe\u2019re very excited to begin this relationship with Pershing Square,\u201d said Jeff Boyd, chief executive officer, Northern Trust Hedge Fund Services. \u201cWe pride ourselves on our global reputation and are thrilled to support Pershing Square\u2019s investment business with a consistent high-quality service across regions.\u201d\n<\/p>\n

\nDave Sauvarin, country head, Channel Islands, Northern Trust, said: \u201cWe are delighted that Northern Trust in Guernsey has been named Administrator and Company Secretary to Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) and look forward to playing an important role in this multi-jurisdictional relationship with Pershing Square.\u201d\n<\/p>\n

\nNorthern Trust offers an extensive range of asset servicing solutions for many of the world\u2019s 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.\n<\/p>\n

About Pershing Square Capital Management, L.P. <\/b><\/p>\n

\nPershing Square Capital Management, L.P. (\u201cPSCM\u201d) is an investment adviser registered with the U.S. Securities and Exchange Commission and based in New York. PSCM was formed in 2003 under the laws of the State of Delaware in the United States. PSCM has assets under administration of US $9.4B as of September 30, 2020.\n<\/p>\n

About Northern Trust<\/b><\/p>\n

\nNorthern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 22 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2020, Northern Trust had assets under custody\/administration of US $13.1 trillion, and assets under management of US $1.3 trillion. For more than 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Please visit our website<\/a> or follow us on Twitter<\/a>.\n<\/p>\n

\nNorthern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Please read our global and regulatory information<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201112005369\/en\/<\/a><\/span><\/p>\n

Europe, Middle East, Africa & Asia-Pacific:
\n<\/i>
Camilla Greene
\n
+44 (0) 20 7982 2176
\n
Camilla_Greene@ntrs.com<\/a><\/p>\n

\nMarcel Klebba
\n
+44 (0) 207 982 1994
\n
Marcel_Klebba@ntrs.com<\/a><\/p>\n

US & Canada<\/i>:
\n
John O\u2019Connell
\n
+1 312 444 2388
\n
John_O\u2019Connell@ntrs.com<\/a><\/p>\n

KEYWORDS:<\/b> North America United States United Kingdom Europe Guernsey Illinois<\/p>\n

INDUSTRY KEYWORDS:<\/b> Consulting Banking Professional Services Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Pershing Square Capital Management, L.P. Selects Northern Trust for Multi-Jurisdictional Fund Administration Services GUERNSEY–(BUSINESS WIRE)– Northern Trust (Nasdaq: NTRS) was recently appointed to provide fund administration services for Pershing Square Capital Management, L.P. (\u201cPershing Square\u201d). Under the mandate, Northern Trust will support Pershing Square\u2019s Guernsey, Cayman and Delaware domiciled funds. \u201cNorthern Trust has all the capabilities we were looking for in our administration partner,\u201d said Pershing Square chief financial officer Michael Gonnella. \u201cNorthern Trust is able to execute the complex daily, weekly and monthly requirements for our funds and deliver seamless service across geographies and products.\u201d \u201cWe\u2019re very excited to begin this relationship with Pershing Square,\u201d said Jeff Boyd, chief executive officer, Northern Trust Hedge Fund Services. \u201cWe pride ourselves … <\/p>\n

Continue reading “Pershing Square Capital Management, L.P. Selects Northern Trust for Multi-Jurisdictional Fund Administration Services”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-379249","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPershing Square Capital Management, L.P. 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Selects Northern Trust for Multi-Jurisdictional Fund Administration Services GUERNSEY–(BUSINESS WIRE)– Northern Trust (Nasdaq: NTRS) was recently appointed to provide fund administration services for Pershing Square Capital Management, L.P. (\u201cPershing Square\u201d). Under the mandate, Northern Trust will support Pershing Square\u2019s Guernsey, Cayman and Delaware domiciled funds. \u201cNorthern Trust has all the capabilities we were looking for in our administration partner,\u201d said Pershing Square chief financial officer Michael Gonnella. \u201cNorthern Trust is able to execute the complex daily, weekly and monthly requirements for our funds and deliver seamless service across geographies and products.\u201d \u201cWe\u2019re very excited to begin this relationship with Pershing Square,\u201d said Jeff Boyd, chief executive officer, Northern Trust Hedge Fund Services. \u201cWe pride ourselves … Continue reading "Pershing Square Capital Management, L.P. 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