Former Apex Group trio set up new fund administrator in Jersey
Start-up fund administrator to focus on private equity and venture capital out of the Channel Islands.
Start-up fund administrator to focus on private equity and venture capital out of the Channel Islands.
The mandate will cover Pershing Square’s funds domiciled in Delaware, Guernsey, and the Cayman Islands.
The Channel Islands has become a key focus for Northern Trust’s private equity fund administration business.
The deal will include State Street’s private equity and real estate (PERE) fund servicing units in the Channel Islands.