Northern Trust Bolsters Partnership with Alchemy Partners

Northern Trust has solidified its position as a trusted partner to private equity firm Alchemy Partners, further cementing its relationship with the launch of Alchemy’s fifth special opportunities fund. This strategic move underscores the firm’s commitment to supporting the growth of Alchemy’s Special Opportunities business, a partnership that has been in place since 2006.

The new fund, which has exceeded its fundraising target, will focus on investing in mid-market corporate special situations across Europe. Northern Trust will provide a comprehensive suite of services, including fund administration, depositary, and custody, from its Guernsey office. This expanded partnership is expected to further strengthen Northern Trust’s support for Alchemy’s funds and structures, positioning the firm as a go-to partner for private equity firms in the region.

Key Highlights

• Northern Trust will provide fund administration, depositary, and custody services from its Guernsey office
• The partnership builds on a long-standing relationship between the two companies, dating back to 2006
• The new fund will focus on investing in mid-market corporate special situations across Europe
• The fund has exceeded its fundraising target, demonstrating strong investor demand

This strategic partnership underscores Northern Trust’s commitment to supporting the growth of private equity firms in the region. As the firm continues to expand its capabilities and expertise, it remains well-positioned to support the evolving needs of its clients and partners.