London-based Arle Capital Partners has selected Northern Trust Guernsey to provide private equity fund administration to its Candover 2005 and 2008 funds, which have total AuM of approximately 2 billion.
This latest appointment extends Northern Trust’s existing nine year relationship with Arle.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Matthew Harrison, finance and operations director at Arle, said: "We decided to consolidate fund administration across our private equity funds to maximize efficiencies and streamline our operations. 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."
Northern Trust’s Guernsey operations provide fund administration, custody, banking and trust services to a worldwide client base that includes specialist, multi-manager and conventional funds, corporations, family offices and private individuals.
In the 2013 Monterey Insight Guernsey Funds Review, Northern Trust was ranked as the island’s largest administrator (US$68.5 billion) and custodian (US$25.5 billion) by total net assets.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
