Press release
Northern Trust Makes Strategic Appointment to Drive Growth in its Alternatives Fund Business
LUXEMBOURG--(BUSINESS WIRE)-- Northern Trust (Nasdaq: NTRS) has announced the appointment of Sara Gilbert to spearhead business development for its
About this update from Northern Trust Corporation
[{"type":"text","content":" LUXEMBOURG--(BUSINESS WIRE)--\nNorthern Trust (Nasdaq: NTRS) has announced the appointment of Sara Gilbert to spearhead business development for its alternatives asset servicing business in Europe. This key hire underscores Northern Trust’s continuing strategic focus on alternatives, where it now supports over US$1.4 trillion in assets on behalf of global asset managers and asset owners.\n\n\nIn her role as a senior executive for alternatives business development, Gilbert will be responsible for further accelerating Northern Trust’s asset servicing solutions for multi-class strategies including private equity, private debt, real estate, infrastructure and hedge funds. Based in Luxembourg, she joins the multi-jurisdictional Europe, Middle East and Africa (EMEA) business development team which is focused on building relationships with managers and asset owners across the globe looking to establish funds in Luxembourg, Ireland, the United Kingdom and Guernsey.\n\n\nGilbert joins Northern Trust from AltaReturn in Hong Kong, where her role was focused on expanding their business into Asia-Pacific. She previously held roles at SS&C Technologies, SunGard/FIS, PerTrac, Financial News and the Financial Times.\n\n\nClive Bellows, head of Global Fund Services for EMEA, at Northern Trust said:\n\n\n“Sara has extensive global experience working with alternative asset managers, helping them achieve best practice in their operating models, enhance efficiency, decision making and investor engagement. Her appointment, combined with Northern Trust’s innovative products and services will drive our continued growth across the alternative asset investment spectrum.”\n\n\nNorthern Trust offers an extensive range of asset servicing solutions for many of the world’s leading asset managers and asset owners across sectors including private equity, private debt, real estate, infrastructure and hedge funds. Its broad range of services includes fund administration, depositary, custody, middle office, banking, treasury and sophisticated reporting solutions.\n\n\nAbout Northern Trust \n\n\nNorthern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offic...