
Northern Trust (NASDAQ:NTRS) today announced that Northern Trust Hedge Fund Services has been selected to provide middle office services and fund administration to Moorstone, L.P., an independent, directly registered

<p xmlns="http://www.w3.org/1999/xhtml">
Northern Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/NTRS">NTRS</a>) today announced that Northern Trust Hedge Fund Services has been selected to provide middle office services and fund administration to Moorstone, L.P., an independent, directly registered investment advisor dedicated to investing in the global commodity supply chain.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Under the engagement, Northern Trust Hedge Fund Services is providing a comprehensive suite of solutions via the Omnium<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE; </sup>platform, including middle office services, treasury and collateral management, fund administration and financial and regulatory reporting.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"This engagement underscores the strength of our energy and commodity capabilities coupled with a high-touch service philosophy. Our clients value and trust our proven ability to create operating leverage for alternative asset managers," said John Kushner, head of relationship management at Northern Trust Hedge Fund Services. "It reflects our continued momentum in supporting commodities-focused investment strategies, as well as our ability to ensure operational precision as managers scale and evolve their platforms."

</p><p xmlns="http://www.w3.org/1999/xhtml">
"As Moorstone began operating as an independent firm, it was mission critical to select a strategic provider that understood the asset class, could manage operational complexity with ease, and serve as a true thought partner as we continue to scale our business," said Timothy Schmidt, Chief Operating Officer of Moorstone, L.P. "Northern Trust's deep experience, strong platform and collaborative approach will support our long-term efforts to grow our platform and deliver value for our investment partners."

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Northern Trust</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Northern Trust Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/NTRS">NTRS</a>) is a leading provider of wealth management, asset servicing, asset management and banking services to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2025, Northern Trust had assets under custody/administration of US$18.7 trillion, and assets under management of US$1.8 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.northerntrust.com%2Fhome&amp;esheet=54464799&amp;newsitemid=20260326091494&amp;lan=en-US&amp;anchor=northerntrust.com&amp;index=1&amp;md5=396b62d30c2b50e22ee34e449be75bc2" shape="rect">northerntrust.com</a>. Follow us on <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.instagram.com%2Fnortherntrustcompany%2F&amp;esheet=54464799&amp;newsitemid=20260326091494&amp;lan=en-US&amp;anchor=Instagram&amp;index=2&amp;md5=a68d2ec422f0fe8439879f14573a0085" shape="rect">Instagram</a> @northerntrustcompany or Northern Trust on <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fnorthern-trust%2F&amp;esheet=54464799&amp;newsitemid=20260326091494&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=3&amp;md5=f25e36340e5b47ca86ae0ea408e6b803" shape="rect">LinkedIn</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.northerntrust.com%2Fterms-and-conditions&amp;esheet=54464799&amp;newsitemid=20260326091494&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.northerntrust.com%2Fterms-and-conditions&amp;index=4&amp;md5=b78c96630b0a50ed5f7051e4d777e0de" shape="rect">https://www.northerntrust.com/terms-and-conditions</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260326091494r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260326091494/en/" rel="nofollow">https://www.businesswire.com/news/home/20260326091494/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Europe, Middle East, Africa &amp; Asia-Pacific:         </i>  
<br xmlns="http://www.w3.org/1999/xhtml"></br>Camilla Greene              
<br xmlns="http://www.w3.org/1999/xhtml"></br>+44 (0) 20 7982 2176  
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:Camilla_Greene@ntrs.com" shape="rect">Camilla_Greene@ntrs.com</a> 

</p><p xmlns="http://www.w3.org/1999/xhtml">
Simon Ansell  
<br xmlns="http://www.w3.org/1999/xhtml"></br>+ 44 (0) 20 7982 1016  
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:sa777@ntrs.com" shape="rect">sa777@ntrs.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">US &amp; Canada</i>:    
<br xmlns="http://www.w3.org/1999/xhtml"></br>John O'Connell  
<br xmlns="http://www.w3.org/1999/xhtml"></br>+1 312 444 2388  
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:jo45@ntrs.com" shape="rect">John_O'Connell@ntrs.com</a> 

</p>

NTRS

Northern Trust Hedge Fund Services Selected by Moorstone, L.P. to Support Commodities-Focused Investment Strategies

Northern Trust Expands Services Supporting Commodity Investment Advisor Moorstone, L.P.

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Northern Trust (NASDAQ:NTRS) today announced that Northern Trust Hedge Fund Services has been selected to provide middle office services and fund administration to Moorstone, L.P., an independent, directly registered</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Northern Trust has been selected by Moorstone, L.P. for comprehensive fund services, indicating strong demand for their expertise in the commodity supply chain. This partnership highlights Northern Trust&#039;s growing influence in supporting specialized investment strategies and may enhance their competitive position in the market.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Northern Trust selected to support Moorstone, L.P. with fund services.</li><li>Engagement includes middle office, treasury management, and fund administration.</li><li>Moorstone aims for growth with Northern Trust&#039;s expertise in commodities.</li><li>Collaboration reflects Northern Trust&#039;s momentum in commodities-focused strategies.</li><li>Northern Trust impacts stakeholders through enhanced operational precision.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Moorstone, L.P. (N/A)</strong>: New client indicative of NTRS&#039;s expanding service capabilities.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under &#039;Corporate Developments&#039; as it highlights a key business partnership that can drive revenue growth and enhance Northern Trust&#039;s market presence in the investment services sector.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>New partnership with Moorstone may increase revenue and market share for NTRS.</li><li>Continued focus on commodities services can position NTRS competitively amidst market shifts.</li><li>Investments in operational capabilities may lead to improved client retention and satisfaction.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Northern Trust is trusted for $18.7 trillion in assets under custody.</li><li>The partnership provides middle office solutions reflecting operational excellence.</li><li>Moorstone is an independent advisor focused on global commodities.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Investors should consider NTRS positively, anticipating growth catalysts over the next 6-12 months.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
Northern Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/NTRS">NTRS</a>) today announced that Northern Trust Hedge Fund Services has been selected to provide middle office services and fund administration to Moorstone, L.P., an independent, directly registered investment advisor dedicated to investing in the global commodity supply chain.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Under the engagement, Northern Trust Hedge Fund Services is providing a comprehensive suite of solutions via the Omnium<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE; </sup>platform, including middle office services, treasury and collateral management, fund administration and financial and regulatory reporting.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"This engagement underscores the strength of our energy and commodity capabilities coupled with a high-touch service philosophy. Our clients value and trust our proven ability to create operating leverage for alternative asset managers," said John Kushner, head of relationship management at Northern Trust Hedge Fund Services. "It reflects our continued momentum in supporting commodities-focused investment strategies, as well as our ability to ensure operational precision as managers scale and evolve their platforms."

</p><p xmlns="http://www.w3.org/1999/xhtml">
"As Moorstone began operating as an independent firm, it was mission critical to select a strategic provider that understood the asset class, could manage operational complexity with ease, and serve as a true thought partner as we continue to scale our business," said Timothy Schmidt, Chief Operating Officer of Moorstone, L.P. "Northern Trust's deep experience, strong platform and collaborative approach will support our long-term efforts to grow our platform and deliver value for our investment partners."

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Northern Trust</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Northern Trust Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/NTRS">NTRS</a>) is a leading provider of wealth management, asset servicing, asset management and banking services to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2025, Northern Trust had assets under custody/administration of US$18.7 trillion, and assets under management of US$1.8 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.northerntrust.com%2Fhome&amp;esheet=54464799&amp;newsitemid=20260326091494&amp;lan=en-US&amp;anchor=northerntrust.com&amp;index=1&amp;md5=396b62d30c2b50e22ee34e449be75bc2" shape="rect">northerntrust.com</a>. Follow us on <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.instagram.com%2Fnortherntrustcompany%2F&amp;esheet=54464799&amp;newsitemid=20260326091494&amp;lan=en-US&amp;anchor=Instagram&amp;index=2&amp;md5=a68d2ec422f0fe8439879f14573a0085" shape="rect">Instagram</a> @northerntrustcompany or Northern Trust on <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fnorthern-trust%2F&amp;esheet=54464799&amp;newsitemid=20260326091494&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=3&amp;md5=f25e36340e5b47ca86ae0ea408e6b803" shape="rect">LinkedIn</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.northerntrust.com%2Fterms-and-conditions&amp;esheet=54464799&amp;newsitemid=20260326091494&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.northerntrust.com%2Fterms-and-conditions&amp;index=4&amp;md5=b78c96630b0a50ed5f7051e4d777e0de" shape="rect">https://www.northerntrust.com/terms-and-conditions</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260326091494r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260326091494/en/" rel="nofollow">https://www.businesswire.com/news/home/20260326091494/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Europe, Middle East, Africa &amp; Asia-Pacific:         </i>  
<br xmlns="http://www.w3.org/1999/xhtml"></br>Camilla Greene              
<br xmlns="http://www.w3.org/1999/xhtml"></br>+44 (0) 20 7982 2176  
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:Camilla_Greene@ntrs.com" shape="rect">Camilla_Greene@ntrs.com</a> 

</p><p xmlns="http://www.w3.org/1999/xhtml">
Simon Ansell  
<br xmlns="http://www.w3.org/1999/xhtml"></br>+ 44 (0) 20 7982 1016  
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:sa777@ntrs.com" shape="rect">sa777@ntrs.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">US &amp; Canada</i>:    
<br xmlns="http://www.w3.org/1999/xhtml"></br>John O'Connell  
<br xmlns="http://www.w3.org/1999/xhtml"></br>+1 312 444 2388  
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:jo45@ntrs.com" shape="rect">John_O'Connell@ntrs.com</a> 

</p>

Northern Trust has been selected by Moorstone, L.P. for comprehensive fund services, indicating strong demand for their expertise in the commodity supply chain. This partnership highlights Northern Trust's growing influence in supporting specialized investment strategies and may enhance their competitive position in the market.

Northern Trust Hedge Fund Services Selected by Moorstone, L.P. to Support Commodities-Focused Investment Strategies

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News