Northern Trust announced that it has been selected to provide OCIO
(Outsourced Chief Investment Officer) services for The University of New
Orleans Foundation, based in New Orleans, Louisiana.
"We feel privileged and proud to serve The University of New Orleans
Foundation on behalf of the students, alumni, benefactors, faculty and
the Board of Directors," said Darius A. Gill, Managing Director -
Central Region, Northern Trust Foundation & Institutional Advisors. "We
look forward to helping manage the assets of, and being a resource to,
the Foundation for years to come."
Foundation & Institutional Advisors is a dedicated practice within
Northern Trust that serves nonprofit organizations through sophisticated
investment management solutions, strategic insights and world-class
resources. More information about the Foundation & Institutional
Advisory Services can be found at www.northerntrust.com/FIA.
The University of New Orleans Foundationserves as the primary recipient
of private contributions to the University's unrestricted, restricted
and endowment funds which are held, invested and expended in support of
University programs. Its key focus is in the areas of financial and
support services and gift, investment and endowment management. The
Foundation promotes the well-being and advancement of the University of
New Orleans and its colleges, schools, departments and divisions.
As an OCIO, Northern Trust provides investment advice, asset servicing
and other related services to help nonprofit organizations achieve their
financial and philanthropic goals cost-effectively. Northern Trust
collaborates with board and investment committee members to assist them
with their investment oversight duties and governance.
For more information about Northern Trust's Foundation & Institutional
Advisors, call or email Dave Cyganiak: 312-444-7310, David_Cyganiak@ntrs.com.
About The University of New Orleans Foundation
The University of New Orleans Foundation serves as the primary recipient
of private donations and contributions to endowment funds which are
held, invested and expended in support of University programs.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of
investment management, asset and fund administration, banking solutions
and fiduciary services for corporations, institutions and affluent
individuals worldwide. Northern Trust, a financial holding company based
in Chicago, has offices in 18 states, Washington, D.C., and 18
international locations in Canada, Europe, the Middle East and the
Asia-Pacific region. As of December 31, 2013, Northern Trust had assets
under custody of US$5.6 trillion, and assets under investment management
of US$884.5 billion. For more than 120 years, Northern Trust has earned
distinction as an industry leader in combining exceptional service and
expertise with innovative products and technology. For more information,
or follow us on Twitter @NorthernTrust.
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