12.02.2008
Northern Trust Enhances Performance and Analysis Tools for Clients Investing in Alternative Assets
Northern Trust announced that it has strengthened the Private Monitor(TM) brand of premium private equity investor services with the deployment of Private i(R)5.0, by the Burgiss Group. Clients can track and analyze performance, and obtain ad hoc reports on various internal rate of return analyses, modified internal rate of return (under varied assumptions), funding and distribution ratios, and benchmark internal rate of return analysis. In the Private Monitor suite, Northern also is offering the Burgiss Group's browser-based application, Private Informant(R), a "look-through" reporting of partnership company holdings.
"Northern Trust is committed to providing innovative and relevant performance and risk reporting across all asset classifications," said Paul Finlayson, product manager for Alternative Asset Services at Northern Trust."We will continue to evolve both our core and premium capabilities while partnering with the best in the industry, like the Burgiss Group. These innovations...