# Northern Trust Investments (NTI)

Northern Trust Investments (NTI) is a Generic based in Chicago, United States.

## Overview

- **Organization type:** Generic
- **Headquarters:** Chicago, United States
- **Region:** North America
- **Address:** Chicago, IL, United States
- **Founded:** 1889
- **Assets under management:** Over $1 trillion (public record) (Altss estimate)
- **Website:** northerntrust.com
- **LinkedIn:** https://www.linkedin.com/company/northern-trust

## Regulatory record

- **Reports private funds:** No

## About

Northern Trust Investments (NTI) traces its origins to 1889 when the bank was established in Chicago. NTI functions as the institutional investment management division of Northern Trust Corporation, serving pensions, endowments, foundations, and family offices through a manager-of-managers model. NTI’s strategy spans private credit, hedge funds, secondaries, infrastructure, real estate, and private equity. It allocates capital to external fund managers rather than deploying direct capital, with a focus on building diversified multi-manager portfolios. The firm’s geographic footprint is anchored in North America, with additional coverage across Europe and Asia-Pacific through Northern Trust’s broader network. The firm’s total assets under management exceed $1 trillion (public record). NTI operates primarily from its Chicago headquarters, with additional investment teams in London, Hong Kong, and other financial centers. The unit has no publicly disclosed philanthropic vehicles or operating companies separate from Northern Trust’s corporate structure. NTI’s structural differentiator is its manager-of-managers architecture — it does not originate direct deals but curates external fund relationships for institutional clients. This model allows clients to access alternative asset classes through a single fiduciary relationship rather than building internal investment teams.

## Sectors

- Private Credit
- Hedge Funds
- Secondaries & Special Situations
- Infrastructure
- Real Estate
- Private Equity

## People

- Michael O’Grady — Chairman and Chief Executive Officer

## Questions

### How does Northern Trust Investments source proprietary deal flow?

NTI does not originate direct deals. It operates as a manager-of-managers, selecting external fund managers across private credit, hedge funds, secondaries, infrastructure, real estate, and private equity. The firm relies on its relationships with hundreds of institutional-quality managers rather than sourcing proprietary direct investments.

### Does NTI participate in fund commitments or only direct deals?

NTI participates exclusively through fund commitments as a manager-of-managers. It does not make direct investments in companies or real assets. Its role is to construct and monitor portfolios of external alternative investment funds on behalf of clients.

### What investment stages does NTI typically target?

NTI covers the full alternative investment lifecycle through its manager selection. In private equity, it targets buyout, growth, and venture funds. In real assets, it accesses infrastructure and real estate via both open-end and closed-end vehicles. The hedge fund portfolio spans long/short equity, macro, and relative value strategies.

### Which sectors does NTI explicitly avoid?

NTI does not publicly disclose exclusionary sector policies. As a manager-of-managers, its exposure is determined by the underlying funds it selects. The firm has not published any official negative screening criteria for its alternative investments platform.

### How is NTI related to Northern Trust Corporation?

NTI is the asset management division of Northern Trust Corporation, a publicly traded bank holding company. NTI operates as a registered investment adviser within the parent company’s structure, separate from the bank’s custody and wealth management units.

## Related profiles

- [NextCapital](https://altss.com/profile/nextcapital)
- [Octogone NA](https://altss.com/profile/octogone-na)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/northern-trust-investments-nti

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology
