LONDON, Jan. 29 /PRNewswire/ -- Northern Trust has received the European Private Equity Fund Administrator of the Year award at the 25th annual European Venture Capital Journal ("EVCJ") awards dinner, held in London on January 28, 2009.
The awards recognise the achievements of 2008 and are presented across 20 industry categories. Winners are selected according to a combination of pitch submissions, the EVCJ editorial team's research and the results of an online industry voting poll, and are announced at an awards dinner attended by senior private equity and venture capital professionals from across the globe. All profits from the event are donated to Save the Children -- which Thomson Reuters has supported for the past 13 years.
"We congratulate Northern Trust on their win and commend their achievements in the European private equity industry during 2008. They have taken on quite a few clients over the year. The group has a 20 year track record and has been through several private equity cycles," said Amanda Williams Palmer, executive editor at European Venture Capital Journal. "EVCJ is a leading European venture capital and private equity magazine, owned by Thomson Reuters, and following the Reuters Thomson merger in 2008 this year's awards are now bigger than ever."
Northern Trust administers private equity funds domiciled in nearly 30 jurisdictions and across a broad spectrum of fund structures and investment strategies. With hubs in Guernsey, Jersey, Dublin, Chicago, Limerick and Luxembourg, Northern Trust has a dedicated team of more than 110 private equity professionals.
Says Wilson Leech, head of Northern Trust's Global Fund Services group: "We are delighted to receive this prestigious award commending our leadership in the European private equity fund administration arena. Our team of fund administration professionals has exceptional breadth and depth of local experience and technical knowledge, supported by our wide geographic capabilities. This ensures our focus on devising solutions that cater to our clients' specific requirements, both in administering and helping to launch a variety of different types of funds."
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, fiduciary and banking solutions for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has a growing network of 85 offices in 18 U.S. states and has international offices in 15 locations in North America, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2008, Northern Trust had assets under custody of US$3.0 trillion, and assets under investment management of US$575.5 billion. Northern Trust, founded in 1889, has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit http://www.northerntrust.com.
Where Northern Trust's UK entities undertake regulated business, they are authorised and regulated in the United Kingdom by the Financial Services Authority.
.jpg)
.jpg)