Northern Trust Appointed to Service TirNua Capital Partners’ Inaugural Infrastructure Fund

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โดย Business Wire·Read original
Summary · why it matters

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 supporting the transition to a low carbon economy. The fund has secured €340 million in commitments at first close. TirNua is a Dublin-based private markets investment manager formed through a joint venture between Keyridge Asset Management, trading as Irish Life Investment Managers, and an affiliate global private markets investment firm. The fund aims to invest primarily in opportunities that support Ireland's transition to a lower-carbon economy, as well as in other relevant OECD markets, targeting sectors including renewable power, energy efficiency, renewable fuels, clean transportation and other infrastructure.

Impact on stocks 2

Financials · 2 stocks
Northern Trust Corporation
NTRS
▲ PositiveDemandrelevance

Northern Trust appointed to provide fund administration, depositary and banking services for TirNua's new infrastructure fund.

Off-coverage companies 2

TirNua Capital PartnersPrivate▲ Positive
Capitalrelevance

TirNua Capital Partners launched its inaugural infrastructure fund, securing €340 million at first close.

Keyridge Asset ManagementPrivate± Mixed
relevance