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Laxman Pai, Opalesque Asia: Chicago-based asset manager Northern Trust has added private market capabilities to supplement the recently launched ArcLine Alternatives platform for the firm's wealth management clients.
The administrator of assets worth $10.8tn said in a press note that the private market investment offering, developed with alternative investment technology firm Artivest, better enables Northern Trust's wealth management clients to take advantage of a curated list of leading alternative funds to meet their changing, and increasingly sophisticated, asset allocation and portfolio diversification needs through an integrated cloud-based subscription and reporting platform.
Steven L. Fradkin, President of Northern Trust Wealth Management said: "Northern Trust is committed to delivering alternative investment opportunities for our clients in the most efficient and secure manner available. We announced this addition to our alternatives platform, which offers exposure to some of the world's top private market fund managers though a frictionless investment process."
"Artivest is proud to support Northern Trust's private market offerings through the digital ArcLine Alternatives platform," said James Waldinger, Artivest's CEO and Founder.
Artivest is an alternative investment platform, offering investors and advisors digital access to institutional-quality alternative strategies, including private equity, hedge funds, managed futures, and real asset...................... To view our full article Click here
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