Gravis Advisory Limited, the independent manager specialising in infrastructure, real estate and private credit, has appointed Northern Trust to provide asset servicing to its open ended investment company (OEIC) fund range in the UK.
The range is focused on listed UK infrastructure, clean energy, listed UK real estate investment trusts, and digital infrastructure. Gravis initiated its investments in areas such as hospitals, schools and student accommodation, and has since expanded into renewable energy generation, logistics and data centres.
Northern Trust will provide fund administration, global custody, depositary, transfer agency and outsourced trading via Integrated Trading Solutions for Gravis’ five OEICs.
Morag Law, head of Legal and Operations at Gravis, commented: “Northern Trust’s significant footprint in the UK funds industry, comprehensive solution set and cultural fit with Gravis were among the reasons for this appointment. We create efficiencies by streamlining service provision for our OEIC funds, increase access to funds industry expertise, and support our mission of aiming to provide investors with steady returns.”
Laurence Everitt, head of Global Fund Services, UK, at Northern Trust, commented: “We are excited that Gravis has appointed us to support their approach of helping investors access infrastructure and related asset classes. Northern Trust’s range of solutions – from optimizing clients’ trading through to delivering post-trade reporting, valuation, and investor servicing – helps them enhance efficiency, resilience, oversight, and control across their operating models. We support their focus on managing investments and achieving further scalable growth.”
