Northern Trust Selected By Founders Trust Company For Custody, FX And Fund Accounting

Northern Trust has announced its selection by Founders Trust Company to provide global custody, foreign exchange and fund accounting services for their $93 million Arlington Private Value Fund LLC. As a specialist provider of asset services to the global fund

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Northern Trust has announced its selection by Founders Trust Company to provide global custody, foreign exchange and fund accounting services for their $93 million Arlington Private Value Fund LLC. As a specialist provider of asset services to the global fund industry, Northern Trust supports 153 clients in 19 countries, with a combined $240 billion in assets.

Founders Trust Company is an independent firm focused on families and the management of their affairs over multiple generations. Its clients collectively represent in excess of $3 billion in net Worth.

“Northern Trust has delivered to us the service and flexibility needed for the Arlington Private Value Fund,” said Ken Polk, Managing Member of Arlington Partners, LLC. “They have been able to integrate global custody, fund accounting and foreign exchange for us in a seamless manner. We look forward to a long term partnership with them.”

“We are very excited to add Founders Trust to our client list as they are a fast-growing and well-respected private trust company. With their Arlington Private Value Fund offering, we anticipate a long-term, significantly sized relationship,” said Ann Zeiler, Vice President, Northern Trust Global Fund Services.

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