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Pershing Square Capital Management selects Northern Trust for multi-jurisdictional fund administration services

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Northern Trust has been appointed to provide fund administration services for Pershing Square Capital Management (Pershing Square). Under the mandate, Northern Trust will support Pershing Square’s Guernsey, Cayman and Delaware domiciled funds.“Northern Trust has all the capabilities we were looking for in our administration partner,” says Pershing Square chief financial officer Michael Gonnella. “Northern Trust is able to execute the complex daily, weekly and monthly requirements for our funds and deliver seamless service across geographies and products.”

“We’re very excited to begin this relationship with Pershing Square,” says Jeff Boyd, chief executive officer, Northern Trust Hedge Fund Services. “We pride ourselves on our global reputation and are thrilled to support Pershing Square’s investment business with a consistent high-quality service across regions.”

Dave Sauvarin, country head, Channel Islands, Northern Trust, says: “We are delighted that Northern Trust in Guernsey has been named Administrator and Company Secretary to Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) and look forward to playing an important role in this multi-jurisdictional relationship with Pershing Square.”

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