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Wealth Management

ALTERNATIVE INVESTMENTS

Advanced strategies that access a broad, growing spectrum of investment opportunities

Alternative assets offer significant potential portfolio benefits — but these advantages bring complexities. A trusted advisor who provides deep asset-class expertise, robust research capabilities and tailored advice can help you confidently navigate the alternative investment universe.

Allocating to Alternatives

ALTERNATIVE ASSETS CAN ENHANCE YOUR PORTFOLIO’S RISK-ADJUSTED RETURN POTENTIAL

ALPHA GENERATION

Higher return potential through a private asset manager's ability to source, add value and strategically exit investments.

INCOME STREAMS

Attractive, consistent income generated through private credit and real estate alternative investments.

INFLATION PROTECTION

Help to hedge against potential inflation risks by allocating to private real assets within your broader portfolio.

DIVERSIFICATION

Access unique return drivers to complement your public investment portfolio, acting as a diversifier.

CURATED MANAGERS

Dispersion between managers in private equity is wide, making manager selection critical.

Our robust research process provides access to high-conviction managers, strategies and alternative investment teams with attractive historical performance.

NAVIGATING COMPLEXITY

Though alternatives can be more complex than traditional investments, they don’t have to be daunting to navigate.

Your dedicated team of investment, trust and planning experts help simplify the innate complexities of alternative investments.

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Advanced Strategies

A BROAD SPECTRUM OF ALTERNATIVE STRATEGIES

Private Equity

Invest in a growing number of private companies to unlock growth potential, including buyout, growth equity, venture capital, secondary and co-investment strategies.

Private Real Assets

Private real estate, infrastructure and natural resource opportunities designed to deliver income, inflation protection and diversification across market cycles.

Private Credit

Delivering flexible capital solutions to borrowers across various markets, including direct lending and asset-backed strategies.

Hedge Funds

Access a range of opportunities, including long-short, event driven, relative value and global macro fund strategies.

Services

Explore Related Services

We provide coordinated advice across a range of services to help you build a holistic plan that will truly honor your intentions.

Latest Insights

Explore the latest insights from our team of experts

Abstract geometric patternMarketsThe Weekly FiveStay informed on recent market developments and their impact on your portfolio.Read Article
Multi-generational family at poolInvestingAm I Too Old for Alts?Longer time horizons, illiquidity and estate planning complexity lead some would-be investors to wonder if investing in alts is right for them.Read Article
Image of abstract market chartMarketsMarkets and the EconomyPut recent portfolio performance in context with market themes, our outlook and your goals.Read Article

Leadership

Lynne Kostakis

Lynne Kostakis serves as Executive Director of Alternative Investments for Wealth Management. In this role, she drives growth for the Wealth Management alternative investment platform and leads the development and execution of alternative investment strategies, ensuring alignment with the firm’s overall objectives to deliver compelling, innovative, client-focused solutions.

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Achieve What Matters Most

Explore how Northern Trust can help unlock portfolio returns, fulfill your plans and achieve your goals.

© 2026 Northern Trust Corporation. Head Office: 50 South La Salle Street, Chicago, IL 60603. Incorporated with limited liability in the U.S.

LEGAL, INVESTMENT AND TAX NOTICE: This information is not intended to be and should not be treated as legal, investment, accounting or tax advice and is for informational purposes only. Readers, including professionals, should under no circumstances rely upon this information as a substitute for their own research or for obtaining specific legal, accounting or tax advice from their own counsel. All information discussed herein is current only as of the date appearing in this material and is subject to change at any time without notice.

Past performance is no guarantee of future results. All material has been obtained from sources believed to be reliable, but its accuracy, completeness and interpretation cannot be guaranteed.