Northern Trust appointed by TirNua Capital Partners
22 June 2026 Ireland
Image: PhilipSteury/adobe.stock.com
Northern Trust has been selected by TirNua Capital Partners to provide fund administration, depositary, and banking services for the firm’s inaugural infrastructure fund focused on supporting the transition to a low carbon economy.
TirNua is a private markets investment manager focused on investing in critical infrastructure to support the low carbon transition, primarily in Ireland, formed through a joint venture between Keyridge Asset Management and an affiliate global private markets investment firm.
The fund aims to invest primarily in opportunities that support Ireland’s transition to a lower carbon economy, as well as in other relevant OECD markets, targeting sectors such as renewable fuels, clean transportation, and energy efficiency.
The fund has secured €340 million in commitments at first close.
Melíosa O’Caoimh, Ireland country head, Northern Trust, notes: “Our capabilities help administer a wide range of specialist asset classes and are complemented by deep expertise in supporting use of structures such as the Irish Investment Limited Partnership for alternative investments. We are delighted to bring this combination to support TirNua’s inaugural fund.”
David O’Brien, CEO TirNua Capital Partners, comments: “TirNua combines deep local insight with institutional-grade capability. We are pleased to appoint Northern Trust as a key service provider that aligns with these priorities and supports our private capital strategies investing in critical infrastructure.”
TirNua is a private markets investment manager focused on investing in critical infrastructure to support the low carbon transition, primarily in Ireland, formed through a joint venture between Keyridge Asset Management and an affiliate global private markets investment firm.
The fund aims to invest primarily in opportunities that support Ireland’s transition to a lower carbon economy, as well as in other relevant OECD markets, targeting sectors such as renewable fuels, clean transportation, and energy efficiency.
The fund has secured €340 million in commitments at first close.
Melíosa O’Caoimh, Ireland country head, Northern Trust, notes: “Our capabilities help administer a wide range of specialist asset classes and are complemented by deep expertise in supporting use of structures such as the Irish Investment Limited Partnership for alternative investments. We are delighted to bring this combination to support TirNua’s inaugural fund.”
David O’Brien, CEO TirNua Capital Partners, comments: “TirNua combines deep local insight with institutional-grade capability. We are pleased to appoint Northern Trust as a key service provider that aligns with these priorities and supports our private capital strategies investing in critical infrastructure.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
