After selling his business for $100 million, a long‑time client approached Northern Trust, unsure of whether he needed a family office, but clear on one thing: he needed to streamline his financial life and uncover opportunities. With a trusted CFO who came from the business world, he sought a strategic partner who could surround his CFO with specialized expertise and help him think holistically. He was struck by the depth of insight gained from our work with more than 550 families in GFO, illuminating how other similar families structure governance, manage complexity, and plan for the future. That perspective, combined with intuitive partnership accounting and customized reporting capabilities, helped facilitate conversations with the family and reveal blind spots he didn’t know he had.

Ultimately, the client decided he didn’t want to build a dedicated family office, but he did want the benefits of one. Family Office Solutions provided exactly that: a single Northern Trust point of contact with intentionally low client loadings and the ability to look around corners. His dedicated team included a senior estate planning attorney and a senior investment advisor who had experience with similarly sized families and worked seamlessly with his CFO. Together, they streamlined tax reporting, assessed legacy property needs, reviewed property and casualty insurance, and addressed other gaps—while the enhanced reporting suite helped everyone stay aligned on long‑term objectives. The result was clarity, confidence, and a more coordinated financial life—without the burden of creating a standalone family office.

Timeline, a rapidly growing UK-based discretionary fund manager, partnered with Northern Trust to launch a new range of UK-domiciled multi-asset funds targeting the £150 billion UK retail advisory market. Northern Trust provided a turnkey solution—including investment management, custody, and administration—enabling Timeline to deliver tax-efficient, competitively priced portfolios blending their own and third-party funds. The successful launch in 2025 received strong adviser interest and established a foundation for continued growth.

Established in 1990, the National Treasury Management Agency (NTMA) is an Irish State body that provides asset and liability management services to the Irish Government, including control and management of two new sovereign wealth funds.

To facilitate the efficient and transparent management of these funds, NTMA appointed Northern Trust to facilitate a modern, transparent, and scalable investment platform with the ability to accommodate both liquid and illiquid assets.

Our appointment to deliver a comprehensive range of services including global custody, front office solutions, financial accounting, securities lending, currency management, and advanced data capabilities via our integrated platform provides NTMA with the flexible infrastructure, enhanced analytics, and strong governance required to manage long-term public assets responsibly.

It also equips NTMA with a futureproof foundation to strengthen investment decision-making, deepen oversight, and support sustainable growth.

Partners Group, one of the largest firms in the global private markets industry, chose Northern Trust to support its first private‑credit‑focused Long Term Asset Fund (LTAF). The fund is designed to give defined contribution pension schemes and professional investors broader access to private credit, addressing the industry-wide challenge of delivering yield, diversification, and liquidity within regulated semi‑liquid structures.

By providing a fully integrated suite of fund administration, depositary, custody, and banking services, we are delivering the operational resilience, regulatory assurance, and scalable infrastructure Partners Group needs to grow its long‑term private markets offering with confidence.