Corry Capital Advisors expands relationship with Northern Trust
Corry Capital Advisors expands relationship with Northern Trust
Northern Trust has been appointed by Corry Capital Advisors (CCA) to provide fund administration and related services for CCA's US commingled funds. Pittsburgh-based CCA selected Northern Trust earlier this year to provide fund administration and depositary services for Irish-domiciled funds to support its expansion into Europe and distribution of its longevity-based life settlement strategies to new investors.
‘Northern Trust has provided exceptional client service and broad-based capabilities across asset classes and investment strategies," said William Corry, founder and general manager of Corry Capital Advisors. "We look forward to expanding our relationship through this new mandate for our US funds.’
‘CCA's selection of Northern Trust to provide fund administration for its US commingled funds demonstrates the seamless nature of our global service model,’ said Kimberly Evans, head of Private Capital Administration in North America.
‘By providing superior client service and support for CCA in Ireland, Northern Trust gave our client confidence that we are best positioned to administer their funds in the US. We look forward to continuing to partner with CCA to help them achieve their strategic goals.’
With approximately US$1.3 billion in assets under management, CCA invests in non-contestable life insurance policies and utilizes a proprietary methodology to target consistent returns based on actuarial predictability for clients including public pension funds, Taft Hartley pension plans and family offices.