Northern Trust (NTRS) Appointed for Fund Administration by TirNua Capital Partners

Northern Trust Corporation (NASDAQ:NTRS) is one of the 10 Most Undervalued NASDAQ Stocks to Buy Right Now. On June 22, Northern Trust announced its appointment by TirNua Capital Partners to provide fund administration, depositary, and banking services for the firm’s inaugural infrastructure fund. The fund, which recently secured €340 million in commitments at its first close, is dedicated to financing projects that support the transition to a low-carbon economy, with a primary focus on Ireland and other OECD markets.

TirNua, a Dublin-based private markets manager, is an independent joint venture between Irish Life Investment Managers and a global private markets firm. The fund plans to target various infrastructure sectors, including renewable power, energy efficiency, clean transportation, and renewable fuels, leveraging Northern Trust’s extensive experience in managing alternative asset classes and specialized investment structures.

Northern Trust (NTRS) Appointed for Fund Administration by TirNua Capital Partners

Northern Trust Corporation (NASDAQ:NTRS) will support the fund throughout the investment lifecycle, providing a full suite of asset servicing solutions as TirNua works to deploy capital into critical infrastructure projects that promote sustainable economic growth.

Northern Trust Corporation (NASDAQ:NTRS) is a financial holding company that operates through its subsidiaries, including The Northern Trust Company (Bank). It offers wealth management, asset servicing, asset management, and banking solutions to corporations, institutions, families, and individuals.

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