Northern Trust to Provide Investment Advisory Services to Steppenwolf Theatre
February 15 2018 - 11:00AM
Business Wire
Northern Trust announced today that its Foundation &
Institutional Advisors (FIA) practice has been selected to provide
investment advisory services for Steppenwolf Theatre Company.
Steppenwolf is the nation’s premier ensemble theatre company,
winning twelve Tony® Awards and a National Medal of Arts.
“We at Steppenwolf are very pleased to be expanding our
relationship with Northern Trust to include investment services,”
said Executive Director of Steppenwolf Theatre, David Schmitz. “Our
investments are an incredibly important source of annual stability
for Steppenwolf, so it is imperative to find the right partner who
can not only deliver strategic results, but also understand the
specific needs of a mission-driven institution. With Northern
Trust’s expertise and long history of working with non-profits, we
know they will be excellent partners in ensuring the continued
creation of world class theater for Chicago.”
“We could not be more honored to oversee Steppenwolf Theatre’s
investments,” said Darius A. Gill, National Practice Executive,
Northern Trust Foundation & Institutional Advisors group.
“Steppenwolf Theatre is a beloved Chicago institution and we look
forward to further supporting its impact on Chicago’s cultural
landscape.”
Foundation & Institutional Advisors (FIA) is Northern
Trust’s national outsourced chief investment officer (OCIO)
practice that serves the investment and advisory needs of
foundations, endowments and other nonprofit institutional
investors. Foundation & Institutional Advisors can serve as
either a dedicated investment advisor or as a fully outsourced
chief investment officer. The practice is consultative and
advice-drives, providing holistic solutions that combine
sophisticated advisory expertise with a spectrum of value-added
services. More information about Northern Trust’s Foundation &
Institutional Advisors can be found at
www.northerntrust.com/FIA.
About Steppenwolf Theatre Company
Formed by a collective of actors in 1976, the Steppenwolf
ensemble has become the nation’s premier ensemble
theater—redefining the landscape of acting and performance.
Thrilling and powerful productions from Balm in Gilead to August:
Osage County—and accolades that include the National Medal of Arts
and 12 Tony Awards—have made the theater legendary. Steppenwolf
produces hundreds of performances and events annually in its three
spaces: the 515-seat Downstairs Theatre, the 299-seat Upstairs
Theatre and the 80-seat 1700 Theatre. Artistic programming includes
a seven-play season; a two-play Steppenwolf for Young Adults
season; Visiting Company engagements; and LookOut, a multi-genre
performances series. Education initiatives include the nationally
recognized work of Steppenwolf for Young Adults, which engages
15,000 participants annually from Chicago’s diverse communities;
the esteemed School at Steppenwolf; and Professional Leadership
Programs for arts administration training. While firmly grounded in
the Chicago community, nearly 40 original Steppenwolf productions
have enjoyed success both nationally and internationally, including
Broadway, Off-Broadway, London, Sydney, Galway and Dublin. Anna D.
Shapiro is the Artistic Director and David Schmitz is the Executive
Director. Eric Lefkofsky is Chair of Steppenwolf’s Board of
Trustees. For additional information, visit steppenwolf.org,
facebook.com/steppenwolftheatre, twitter.com/steppenwolfthtr and
instagram.com/steppenwolfthtr.
Northern Trust Wealth Management specializes in Goals
Driven Wealth Management backed by innovative technology and a
strong fiduciary heritage. Northern Trust Wealth Management is
ranked among the top 10 U.S. wealth managers, with $290 billion in
assets under management as of December 31, 2017, and a wide network
of wealth management offices across the United States.
The Northern Trust Company is an Equal Housing Lender. Member
FDIC.
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 23
international locations in Canada, Europe, the Middle East and the
Asia-Pacific region. As of December 31, 2017, Northern Trust had
assets under custody/administration of US$10.7 trillion, and assets
under management of US$1.2 trillion. For more than 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 https://www.northerntrust.com/disclosures.
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Northern Trust CorporationDoug Holt(312)
557-1571Doug.Holt@ntrs.comhttp://www.northerntrust.com
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