Northern Trust Appointed to Administer TirNua's €340 Million Infrastructure Fund
Northern Trust has been appointed by TirNua Capital Partners to provide fund administration, depositary, and banking services for the firm's inaugural infrastructure fund focused on the transition to a low-carbon economy. The fund has secured €340 million in commitments at first close.
Northern Trust (Nasdaq: NTRS) will provide fund administration, depositary, and banking services for TirNua Capital Partners' inaugural infrastructure fund focused on the transition to a low-carbon economy. The fund secured €340 million in commitments at first close, according to TirNua's website.
Dublin-based TirNua is a private markets investment manager focused on critical infrastructure investments. Northern Trust will service the fund from its Irish operations, handling administration, depositary functions, and banking for the vehicle.
Continue reading
3 more paragraphs for subscribers.
Free readers get a daily preview and the weekly long-form. Premium unlocks every brief in full, AM & PM editions, alerts, and the archive.