Arle Appoints Northern Trust for Private Equity Fund Admin

Arle Capital Partners has appointed Northern Trust to provide private equity fund administration to two of its funds.
By Janet Du Chenne(59204)
Arle Capital Partners has appointed Northern Trust to provide private equity fund administration to two of its funds.

The funds, Candover 2005 and 2008, have total assets under management of approximately €2 billion (approximately $2.75 billion).

This latest appointment extends Northern Trust’s existing nine year relationship with Arle, an international private equity energy investor and asset manager.

“We decided to consolidate fund administration across our private equity funds to maximize efficiencies and streamline our operations,” says Matthew Harrison, finance and operations director at Arle. “Northern Trust is an established private equity administrator with a range of expertise and proven track record. Our long-standing relationship, coupled with their ability to resiliently support our growing business volumes were key factors in our decision.”

«