Northern Trust Multi-Manager Solutions Adds Endowment & Foundation Specialist

Bei Saville has joined Northern Trust Asset Management as a Senior Vice President and Senior Client Investment Officer for Endowments and Foundations within the Multi-Manager Solutions practice. In this newly-created role, Saville is responsible for managing endowment and foundation investment programs, including the development of investment policies, asset allocation recommendations, risk management, investment manager search and selection and portfolio construction.

Saville brings 20 years of experience in a variety of investment roles, most recently as Director of Alternative Investments at the $5.7 billion Helmsley Charitable Trust, one of the largest foundation investment programs in the United States. Saville was a founder of the Helmsley Trust investment office, developed and implemented the overall investment strategy for the endowment and was principally responsible for alternative asset classes.

“With her perspective on foundations and expertise in private equity, hedge funds, and other alternative assets, Bei Saville is a valuable addition to our group," said John Keshner, Managing Director of the not for profit client segment at Northern Trust Asset Management. "Endowments and foundations need to balance two objectives: protecting purchasing power over the long term and supporting steady distributions in the near term. As a seasoned multi-asset class investor Bei can work with E&F clients to develop sophisticated investment programs that meet each organization’s specific objective and mission.”

Prior to Helmsley, Saville managed the alternative assets portfolio at Pfizer, and worked as an investment officer in the Global Portfolio Solutions group at Morgan Stanley Investment Management. She has also held positions at JPMorgan and China National Real Estate Development Group. Saville earned a bachelor’s degree in Economics from Renmin University of China and an MBA from Old Dominion University in Norfolk, Va. She is a CFA® charter holder and Chartered Alternative Investment Analyst (CAIA). Saville has served on multiple advisory boards of non-profit organizations and alternative investment funds.

Northern Trust Asset Management is a leading provider of multi-manager investment solutions, with more than $100 billion in assets* as of March 31, 2015, for institutional and personal clients. Northern Trust invests with more than 300 external managers worldwide, offering personal and institutional solutions that include outsourced chief investment officer (OCIO) services, alternative asset classes, single asset class solutions and emerging manager programs.

*$63.1 billion in assets under management and approximately $43 billion under advisement.

Asset Management at Northern Trust comprises Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Global Investments Japan, K.K., NT Global Advisors, Inc. and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2015, Northern Trust had assets under custody of US$6.1 trillion, and assets under management of US$960.1 billion. For 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.

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 http://www.northerntrust.com/disclosures.

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