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Industry news

Northern Trust collaborates with Partners Group


08 May 2025 UK
Reporter: Clelia Frondaroli

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Image: Northern Trust
Northern Trust will provide Partners Group with fund administration, depositary, and banking services for its first long-term asset funds (LTAF).

The Partners Group Generations Private Credit LTAF, launched in April 2025, will focus on providing defined contribution (DC) pension funds and investors with a range of private credit investment opportunities.

On the partnership, Laurence Everitt, head of global fund services, UK, at Northern Trust, says: “We are delighted to develop our relationship with Partners Group by supporting its first LTAF.

“At Northern Trust we continue to see significant interest in this UK vehicle for distributing investment strategies and have the operating model and servicing expertise — across illiquid, semi-liquid, and traditional assets — to support asset managers as they expand their offering for investors.”
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