Northern Trust has been appointed by Anchorage Capital Group, a New York-based investment adviser, as its strategic partner for hedge fund administration.

“Northern Trust’s strong commitment to client service, collaboration and efficiency, combined with their leading-edge technology, make them the ideal partner for our administration needs,” says Natalie Birrell, Partner and Chief Operating Officer of Anchorage Capital Group.

“In challenging markets, fund managers need flexible and scalable operational solutions from a strategic partner that will provide an exceptional level of service to their investors,” says Jeff Boyd, Chief Executive Officer, North America, of Northern Trust Hedge Fund Services. “Our global capabilities and understanding of the market align well with Anchorage’s needs. They have our full commitment to provide them with holistic solutions to meet today’s demands and adapt to support their investment strategies in the future.”