# Northwestern Mutual Investment Management Company

Northwestern Mutual Investment Management Company is a Bank / Wealth / Trust based in Milwaukee, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Milwaukee, United States
- **Region:** North America
- **Address:** Milwaukee, WI, United States
- **Founded:** 1857
- **Assets under management:** Undisclosed
- **Website:** northwesternmutual.com

## Regulatory record

- **CRD number:** 307865
- **SEC file number:** 801-119948
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-05-06T05:00:00.000Z
- **Reports private funds:** Yes
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/307865

## About

Northwestern Mutual Investment Management Company is an SEC-registered investment adviser in Milwaukee, WI, registered since 2020. The firm manages $323.1 billion in assets. It has 246 employees and 213 investment advisers.

## Sectors

- Real Estate
- Private Credit
- Infrastructure
- Private Equity
- Hedge Funds

## Questions

### Does the firm invest directly in private companies or only through funds?

Both. The firm originates private placement debt directly to middle-market and large corporate borrowers, and it holds direct equity real estate positions. For private equity and venture capital exposure, it commits to external funds and participates in select co-investments alongside those managers.

### How is the investment team structured relative to the parent company?

Investment professionals operate within Northwestern Mutual's corporate structure in Milwaukee, rather than through a branded separate subsidiary. This integrated model keeps the asset management function closely aligned with the actuarial and liability-management teams, ensuring portfolio construction directly reflects the insurance book's duration and liquidity requirements.

## Related profiles

- [Northwestern Memorial Hospital Employees' Pension Plan](https://altss.com/profile/northwestern-memorial-hospital-employees-pension-plan)
- [Northwestern Mutual](https://altss.com/profile/northwestern-mutual-life-insurance-company)

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

Canonical page: https://altss.com/profile/northwestern-mutual-investment-management-company

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