Northern Trust has been selected as global custodian for Wake Forest University, a private university in Winston-Salem, North Carolina. Northern Trust will service approximately $1.1 billion in endowment assets.
The global custody service includes assets of Wake Forest University Health Sciences, which is affiliated with the university.
“Wake Forest University can rely on Northern Trust for our strong commitment to client service and innovation in custody and reporting solutions that provide increased transparency into complex investment portfolios,” said David W. Fox Jr., head of Corporate & Institutional Services in the Americas for Northern Trust.
Wake Forest University is comprised of two undergraduate programs, a graduate school of arts and sciences and four professional schools.
Northern Trust Appointed Custodian For Wake Forest
Northern Trust has been selected as global custodian for Wake Forest University, a private university in Winston-Salem, North Carolina. Northern Trust will service approximately $1.1 billion in endowment assets.