Northern Trust Hedge Fund Services has been selected to provide middle office services and fund administration to Moorstone, an independent, directly registered investment advisor focused on the global commodity supply chain.
Northern Trust will deliver a full suite of solutions via its Omnium platform, including middle office services, treasury and collateral management, fund administration, and financial and regulatory reporting.
The appointment reflects continued demand for outsourced operational infrastructure among commodity-focused managers, particularly as firms scale and face increasing complexity across trading, reporting and collateral processes.
John Kushner, Head of Relationship Management at Northern Trust Hedge Fund Services, says: “This engagement underscores the strength of our energy and commodity capabilities coupled with a high-touch service philosophy. Our clients value and trust our proven ability to create operating leverage for alternative asset managers.”