Northern Trust to Provide Discretionary Investment Management Services to Georgia State University
CHICAGO--(BUSINESS WIRE)--Aug 1, 2018--Northern Trust’s Foundation and Institutional Advisors group has been selected to provide discretionary investment management services for the Georgia State University Foundation, Northern Trust announced today.
“The foundation’s investment committee went through an extensive review process and selected Northern Trust to provide our investment advisory services because of its investment insights, resources and customized solutions,” said Walter Massey, president of the Georgia State University Foundation. “We look forward to this new partnership with Northern Trust that provides additional fiduciary oversight to help us to wisely steward our investment assets.”
The Georgia State University Foundation raises, stewards and invests funds to optimize support for Georgia State, a growing research institution and a national leader in helping students achieve academic success. The university offers a challenging academic environment that emphasizes research and practical experience across the curriculum. Georgia State ranked fourth in U.S. News & World Report’s 2018 Most Innovative Schools list.
“We are proud to serve Georgia State University on behalf of the students, faculty and alumni,” said Darius A. Gill, National Practice Executive, Northern Trust Foundation & Institutional Advisors group. “We look forward to leveraging our experience in the education industry to support the investment management needs of the University for years to come.”
Northern Trust’s Foundation & Institutional Advisors (FIA) group serves the investment and advisory needs of foundations, endowments and other nonprofit institutional investors. FIA can serve as either a dedicated investment advisor or as a fully outsourced chief investment officer. The practice is consultative and advice-driven, providing holistic solutions that combine sophisticated advisory expertise with a spectrum of value-added services. More information about Northern Trust Foundation and Institutional Advisors can be found at www.northerntrust.com/FIA.
Northern Trust Wealth Management Northern Trust Wealth Management specializes in Goals Driven Wealth Management backed by innovative technology and a strong fiduciary heritage. Northern Trust Wealth Management is ranked among the top 10 U.S. wealth managers, with $287 billion in assets under management as of June 30, 2018, and a wide network of wealth management offices across the United States.
The Northern Trust Company is an Equal Housing Lender. Member FDIC.
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 offices in the United States in 19 states and Washington, D.C., and 23 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2018, Northern Trust had assets under custody/administration of US$10.7 trillion, and assets under management of US$1.1 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 https://www.northerntrust.com/disclosures.
About Georgia State University
With seven campuses throughout metro Atlanta, the university provides its world-class faculty and more than 51,000 students with unsurpassed connections to the opportunities available in one of the 21 st century’s great global cities. A national leader in graduating students from diverse backgrounds, Georgia State provides a rich experience with award-winning housing, hundreds of student clubs and organizations, and one of the most diverse student bodies in the country. Students, faculty and alumni enjoy a unique campus personality and culture based on ambition, hard work, dedication and perseverance. For more information visit https://www.gsu.edu/.
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CONTACT: Northern Trust
KEYWORD: UNITED STATES NORTH AMERICA GEORGIA ILLINOIS
INDUSTRY KEYWORD: EDUCATION UNIVERSITY PHILANTHROPY PROFESSIONAL SERVICES CONSULTING FINANCE FOUNDATION
SOURCE: Northern Trust Corporation
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PUB: 08/01/2018 09:00 AM/DISC: 08/01/2018 09:01 AM