Northern Trust launched North America Alternative Fund Services, which combines its private equity and hedge fund services businesses to address the complex operational and strategic needs the alternative asset management industry. The offering provides fund administration, accounting and data solutions to hedge funds, private equity managers and managed account platforms. It offers specialized expertise in complex valuations, cash, collateral and liquidity management, as well as analytics and transparency into portfolios that increasingly combine hedge fund strategies with fund structures traditionally used by private equity firms.

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