CHICAGO--(BUSINESS WIRE)--Robert Mullally has joined Northern Trust to lead business development for the Private Capital Administration practice in North America, which provides middle and back office solutions for a range of alternative asset class investment managers.
Joining an expanding practice, Mullally will focus on building relationships with managers of funds with closed-ended capital structures across the private equity, private debt and real estate markets. Mullally has more than 10 years of financial industry experience, including business development and key operational roles focused on private capital clients.
“Robert’s combination of sales and operations experience in the alternative asset industry makes him particularly well suited to help clients navigate the decision to outsource private capital fund administration, whatever their unique needs may be,” said Kimberly Evans, head of Private Capital Administration in North America. “His hiring underscores our commitment to growing our business and to providing flexible, proactive and individualized service to clients within the alternative asset industry.”
Mullally’s hiring follows the appointment of Kimberly Evans to lead the Private Capital Administration practice earlier this year.
Northern Trust was named Private Equity Administrator of the Year by Global Investor in 2017 and 2018, and has been recognized for technology innovation including applications for accounting, portfolio management, reporting and analysis, as well as the first commercially available blockchain solution designed to help manage private equity workflow.
Northern Trust Alternative Fund Services provides a full range of middle and back office solutions to more than 100 private equity managers across the globe. It supports diverse and complex fund structures across multiple domiciles and jurisdictions and has expertise in alternative investment vehicles, including private equity, private debt, venture capital, real estate, infrastructure and real asset investment vehicles.
About Northern Trust
Northern 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 offices in 20 U.S. states and Washington, D.C., and across 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2019, Northern Trust had assets under custody/administration of US$10.9 trillion, and assets under management of US$1.2 trillion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at http://www.northerntrust.com/disclosures.