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Laxman Pai, Opalesque Asia: Chicago-based asset manager Northern Trust has appointed Kimberly Evans to head of private capital fund administration in North America, as it looks to expand its middle- and back-office services for alternative investment managers.
The administrator of assets worth $10.1tn said in a press note that Evans will focus on growing global capabilities for real estate, private debt, infrastructure and both traditional and hybrid private equity funds, a segment of the alternatives market experiencing rapid asset growth and increased demands for transparency.
"Kim's experience with sophisticated investors, dedication to client service and proven ability to leverage the strength of Northern Trust's global platform and expertise will be a powerful combination for our business," said Peter Sanchez, head of North America Alternative Fund Services at Northern Trust.
"Her appointment signals our commitment to delivering innovative solutions to investment managers across the spectrum of alternative asset classes and strategies," Peter added.
Kimberly Evans joined Northern Trust in 2010 and has held senior management roles, including Global Head of Client Valuation Reporting and head of the Public Funds/Taft-Hartley pensions business, with more than $800 billion in assets under custody.
Prior to Northern Trust she was a senior operations executive at major financial institutions including the former First Chicago and LaSalle banks, and se...................... To view our full article Click here
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