Brown Brothers Harriman Selected by New Alternatives Fund for Custody Services

Deal News | May 28, 2025 | Brown Brothers Harriman & Co

Brown Brothers Harriman Selected by New Alternatives Fund for Custody Services

Brown Brothers Harriman & Co. (BBH) has been selected by New Alternatives Fund to provide custody services. This decision comes as a response to the complex and rapidly evolving financial markets and the growing demand for comprehensive investment management solutions. Robert Ankner, Managing Director on BBH's Relationship Excellence team, expressed pride in this collaboration aimed at supporting the long-term growth of the New Alternatives Fund. BBH is renowned for its extensive market intelligence and high-standard services through its Custody and Fund Services practice. With a 200-year history and a presence in over 90 markets, BBH continues to support global asset managers and financial institutions through its asset servicing and operating model solutions. These services include custody, global tax services, and operating model solutions that address platform, data, and connectivity challenges.

Sectors

  • Financial Services
  • Asset Management

Geography

  • Global – Brown Brothers Harriman operates in over 90 markets globally, and the services they provide, including those to New Alternatives Fund, are international in scope.

Industry

  • Financial Services – The financial services industry is relevant as the article discusses Brown Brothers Harriman providing custody and fund services, which are part of asset servicing, a key financial service.
  • Asset Management – Brown Brothers Harriman supports asset managers through its asset servicing solutions, critical for the efficient management and operation of funds such as the New Alternatives Fund.

Financials

    Participants

    NameRoleTypeDescription
    Brown Brothers Harriman & Co.Service ProviderCompanyA global financial services firm known for its custody services and comprehensive asset servicing solutions.
    New Alternatives FundClientCompanyA fund that has selected BBH to provide custody services to support its financial management needs.
    Robert AnknerManaging Director at BBHPersonManaging Director on the Relationship Excellence team at BBH, involved in the engagement with New Alternatives Fund.