Northern Trust has been appointed by Resolution Limited to provide company administration and corporate secretarial services to its new 660 million acquisition vehicle.
Resolution Limited, a Guernsey incorporated company, intends to acquire and restructure businesses in the life assurance, asset management, general insurance, banking and diversified general financial sectors in the UK and Western Europe.
The company will be managed within Northern Trust’s Global Fund Services (“GFS”) group which is dedicated to servicing investment manager clients. The group provides a comprehensive array of integrated applications including investment operations outsourcing, accounting, administration, performance analysis, transfer agency, global custody as well as banking and cash management solutions.
“We welcome the opportunity to partner with Resolution on such an exciting initiative. We look forward to supporting the growth of their business,” says Wilson Leech, head of Global Fund Services, Northern Trust.
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