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Northern Trust appoints alternatives head in Luxembourg

Handshake femaleNorthern Trust has appointed Sara Gilbert to head business development for alternative asset servicing in Europe.

This key hire underscores Northern Trust’s continuing strategic focus on alternatives, where it now supports over US$1.4 trillion in assets on behalf of global asset managers and asset owners.

Based in Luxembourg, Gilbert will be responsible for increasing Northern Trust’s asset servicing solutions for providers and investors globally that look to establish private equity, private debt and other alternatives funds in Luxembourg, Ireland, the United Kingdom and Guernsey.

Gilbert joins Northern Trust from AltaReturn in Hong Kong, where her role was focused on expanding the firm’s business into Asia-Pacific. Previous roles included SS&C Technologies and SunGard/FIS.

Clive Bellows, regional head of global fund services at Northern Trust said Gilbert has “extensive global experience” of working with alternative asset managers, helping them achieve best practice in their operating models.

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