Partners Group Selects Northern Trust to Support Its Private Credit-Focused Long Term Asset Fund

Published: 2025-05-08 04:00:00 ET NTRS

Published on 05/08/2025 at 04:00, updated on 05/08/2025 at 05:20

Northern Trust announced that it is providing Partners Group with fund administration, depositary, and banking services for its first LTAF, launched in April 2025. Its new LTAF, the Partners Group Generations Private Credit LTAF, focuses on providing defined contribution (DC)ension funds and other professional investors with access to a diverse range of private credit investment opportunities. The United Kingdom (UK)'s LTAF regime came into existence in 2021, followed in 2023 by new rules widening its availability to provide a broad range of investors with increased access to private markets.

Northern Trust also supported the launch of Partners Group's European Long Term Investment Fund (ELTIF)-compliant Private Equity ELTIF Evergreen Fund in 2024.