Corry Capital Advisors (CCA) has chosen Northern Trust to provide fund administration and support the distribution of its life settlement strategies to its new investors.
Northern Trust will provide depositary solutions for CCA’s new Irish life settlements Irish collective asset-management vehicle as it opens a new office in Dublin and increases its European presence.
CCA is headquartered in Pennsylvania and was founded in 2006 by William Corry who also serves as its general manager.
CCA is an alternative investment manager with a focus on life insurance and life settlement markets.
Corry said: “We are delighted to partner with Northern Trust to support our European distribution goals and this extension of our investment fund strategies. Having confirmed our asset servicing partnerships for our latest fund, we now have the infrastructure and networks in place to underpin this next phase of our growth.”
Clive Bellows, head of global fund services, Europe, the Middle East and Africa at Northern Trust, commented: “Northern Trust is perfectly placed to support managers with the flexibility and capability they need to service any asset class across multiple investment strategies.”
He added: “We are excited to be working with the CCA team in this way as they further extend their fund distribution across Europe.”
