Northern Trust wins asset servicing mandate from $147bn Partners Group for new ELTIF PE fund
With this mandate win, Northern Trust will be facilitating the launch of the first ELTIF 2.0 compliant funds tailored for European investors.
With this mandate win, Northern Trust will be facilitating the launch of the first ELTIF 2.0 compliant funds tailored for European investors.
The agreement is the latest in a string of new mandates announced by the custodian this year.
Agreement will cover six investment funds, one SICAV and three pension funds.
With the expansion, Euroclear Bank will be able to boost operational efficiencies for market users and streamline collateral management.
The week’s round up of fund administration news features INDOS Financial, SS&C, FTI Consulting, Yealand Fund Services, Goji, Suntera, Vistra, Ultimus, Fund Recs, Alto, TrustQuay and European Depositary Bank.