Northern Trust has been selected as fund services provider by LSV Asset Management. It will provide global custody, cash management, foreign exchange, valuation, and participant reporting services to a range of group trust and limited partnership services for the newly launched LSV International Value Equity Trust and LSV International Value Equity Fund, L.P. The fundshave assets of approximately $180 million.
LSV Asset Management specializes in value equity management for institutional investors. The firm currently manages approximately $23 billion. Established in 1994, LSV is based in Chicago, Illinois, with a regional office in Norwalk, Connecticut.
“We selected Northern Trust because of their reputation as a top-tier global custodian and their expertise in unregistered pooled funds,” says Tremaine Atkinson, LSV Partner & Chief Operating Officer.
“We are very happy to have been selected by LSV Asset Management to support their two new fund products,” adds Ann Zeiler, Vice President, Northern Trust Global Fund Services. “LSV is a fast growing, dynamic investment firm that we are delighted to be working with. We expect to grow our relationship to include additional activities over time.”