Alpine Global Master Fund, a long/short market-neutral hedge fund, has appointed Northern Trust (Nasdaq: NTRS) to provide hedge fund administration services and middle office outsourcing.
The fund has a fundamental based quantitative investment methodology and is managed by BOCOM International Asset Management Limited, with Huatai-PineBridge Fund Management Co., Ltd. as the investment advisor.
Managing Director of Alpine Global fund Liang Shi said: “One of the main reasons we selected Northern Trust was its industry-leading robust technology and its experience in servicing complex offshore fund structures. Northern Trust provides the Fund with a unique solution that suits its needs, enabling the fund manager and advisor to concentrate their efforts on generating returns for investors.”
“We are delighted to be appointed by Alpine Global Master Fund,” said Ali Sheikh, head of hedge fund services, Asia-Pacific at Northern Trust. “Across the region, we see evolving demands from hedge funds and are well placed to cater to industry movements through our knowledge and expertise. Our client-driven solutions are designed to meet the complex needs of hedge fund clients and enable them to focus on their core business.”
Northern Trust Hedge Fund Services provides unique solutions to the asset management industry through its ability to streamline the interactions between all parties involved and improve efficiencies between administrators, prime brokers, counterparties, fund managers, asset owners and investors. Capabilities include comprehensive middle office and administration services, specializing in trade processing, valuation, real-time reporting, cash management, accounting, collateral management and investor servicing.