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Alternative Asset Services

Conversions

Change Hedge Fund Administrators with Confidence.

Transitioning to a new hedge fund administrator does not have to be daunting. As a seasoned administrator, we can help you experience a smooth and seamless transition. Northern Trust Hedge Fund Services approaches transitions with rigor, expertise and transparency so you can focus on your investment strategy and grow your business. We will position you for success.

Attentive service from start to finish

Get close, personal attention to every detail during the transition. Our experts will work with you to provide seamless integration of services:

  • Superior client service
  • Collaborative approach that tailors solutions around your business needs
  • A dedicated transition manager and team of transition experts who guide the entire process
  • Relationship manager and operating specialists work on the transition and get to know your funds and needs

Expansive global capabilities to support your growth

Extend your footprint around the world with our:

  • Networked locations that support global trading and fund domiciles across asset classes, strategies and fund structures
  • Global pass-the-book capability for multi-regional funds
  • Global team with tools and expertise to help you realize your goals

Powerful hedge fund technology

Our Omnium® technology platform supports most assets and strategies, including:

  • Long/short equity
  • Convertible arbitrage
  • Distressed debt
  • Multi-strategy
  • Managed futures
  • High frequency/quantitative
  • Credit
  • Private equity
  • Fund of funds
  • Closed and open-end fund structures
  • Managed account platforms

Our online tools give you real-time transparency and a shared view of transactions, holdings, valuations and more. Get the benefit of our scale combined with powerful tools and analytics to improve decision-making. Stringent controls offer:

  • Efficient processing and high straight-through processing rates for quicker turnarounds and better data
  • Extensive customization through strategy and attribution tagging so that reporting and data match your book structure
  • Simplify data sharing with a single data set across functions and users

Rigorous conversion process

Achieve peace of mind with our hedge fund conversion process. From start to finish, we offer:

  • Governance and oversight that involves senior leadership
  • Experienced conversions manager who will lead the team
  • Detailed documentation of processes including key deliverables, dates, testing and controls
  • Intensive parallel processing and quality controls before launch
  • Hands-on management of custodians, primes and counterparties
  • Support for "big bang" or phased conversions, depending on need

 


© 2019 Northern Trust Corporation. Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A. Incorporated with limited liability in the U.S. Products and services provided by subsidiaries of Northern Trust Corporation may vary in different markets and are offered in accordance with local regulation. For more information, read our legal and regulatory information about individual market offices. This material is directed to professional clients only and is not intended for retail clients. For Asia-Pacific markets, it is directed to expert, institutional, professional or wholesale clients or investors only and should not be relied upon by retail clients or investors. Issued in the United Kingdom by Northern Trust Securities LLP.

Our Clients

Our Asset Servicing group offers services and solutions to a wide range of clientele. Some of our key clients include: