Investment adviser · CRD 105780

NORTHERN TRUST INVESTMENTS, INCORPORATED

Investment adviser filing (IA)

CHICAGO, IL, United States · Form ADV filed Jun 15, 2026

Regulatory AUM: $1.25T
Client accounts: 41,027
Employees: 662
Advisory professionals: 219

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	237	$509,360,651,988	40.9%
Investment companies	104	$294,532,798,980	23.7%
Corporations & businesses	3,627	$111,900,641,484	9.0%
Retirement plans	330	$110,575,136,788	8.9%
High-net-worth individuals	15,055	$94,545,125,671	7.6%
Insurance companies	75	$46,341,438,822	3.7%
Charities	1,347	$38,862,786,894	3.1%
Sovereign wealth & foreign institutions	29	$30,319,498,722	2.4%
Individuals	20,223	$8,810,144,191	0.7%

Filing source

Form ADV 2113421 · Jun 15, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

40 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

MULTI-ADVISOR FUNDS GLOBAL EQUITY FUND-GENERATION INVESTMENT MANAGEMENT US LLPHedge Fund · Last reported Jun 15, 2026$493MGross asset value

Form D fundraising filings

MULTI-ADVISOR FUNDS GLOBAL EQUITY FUND-GENERATION INVESTMENT MANAGEMENT US LLP

Fund administrator THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: Yes

Auditor KPMG, LLP CHICAGO, Illinois, United States

Custodian THE BANK OF NEW YORK NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

KPMG, LLP
PCAOB 185

THE BANK OF NEW YORK
LEI HPFHU0OQ28E4N0NFVK49

Fund details & source

Fund ID: 805-5793919235
Reported beneficial owners: 236
Minimum commitment: $100K
Form D file number: 021-130912

Form ADV 2113421 · Jun 15, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

MULTI-ADVISOR FUNDS GLOBAL EMERGING MARKETS EQUITY FUND - AXIOM INVESTORSOther Private Fund · Last reported Jun 15, 2026$235MGross asset value

Form D fundraising filings

MULTI-ADVISOR FUNDS GLOBAL EMERGING MARKETS EQUITY FUND - AXIOM INVESTORS

Fund administrator THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: Yes

Auditor KPMG, LLP CHICAGO, Illinois, United States

Custodian THE BANK OF NEW YORK NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

KPMG, LLP
PCAOB 185

THE BANK OF NEW YORK
LEI HPFHU0OQ28E4N0NFVK49

Fund details & source

Fund ID: 805-6084304083
Reported beneficial owners: 192
Minimum commitment: $100K
Form D file number: 021-112911

Form ADV 2113421 · Jun 15, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

MULTI-ADVISOR FUNDS CONCENTRATED HIGH YIELD AND LEVERAGED LOAN FUND MAFOther Private Fund · Last reported Jun 15, 2026$234MGross asset value

Form D fundraising filings

Multi-Advisor Funds Concentrated High Yield & Leveraged Loan Fund

Fund administrator THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: Yes

Auditor KMPG, LLP CHICAGO, Illinois, United States

Custodian THE BANK OF NEW YORK NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

KMPG, LLP
PCAOB 185

THE BANK OF NEW YORK
LEI HPFHU0OQ28E4N0NFVK49

Fund details & source

Fund ID: 805-5316592147
Reported beneficial owners: 169
Minimum commitment: $100K
Form D file number: 021-344210

Form ADV 2113421 · Jun 15, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

MULTI-ADVISOR FUNDS-GLOBAL EMERGING MARKETS FUNDOther Private Fund · Last reported Jun 15, 2026$230MGross asset value

Form D fundraising filings

MULTI-ADVISOR FUNDS GLOBAL EMERGING MARKETS FUND

Fund administrator THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: Yes

Auditor KMPG, LLP CHICAGO, Illinois, United States

Custodian THE BANK OF NEW YORK NEW YORK, Illinois, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

KMPG, LLP
PCAOB 185

THE BANK OF NEW YORK
LEI HPFHU0OQ28E4N0NFVK49

Fund details & source

Fund ID: 805-5669501537
Reported beneficial owners: 79
Minimum commitment: $100K
Form D file number: 021-219345

Form ADV 2113421 · Jun 15, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

MULTI-ADVISOR FUNDS COVERED CALL EQUITY INCOME FUNDOther Private Fund · Last reported Jun 15, 2026$225MGross asset value

Form D fundraising filings

Multi-Advisor Funds Covered Call Equity Income Fund

Fund administrator THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: Yes

Auditor KMPG, LLP CHICAGO, Illinois, United States

Custodian PERSHING LLC JERSEY CITY, New Jersey, United States Related to adviser: No

Custodian THE BANK OF NEW YORK NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

KMPG, LLP
PCAOB 185

PERSHING LLC
SEC 8-17574

THE BANK OF NEW YORK
LEI HPFHU0OQ28E4N0NFVK49

Fund details & source

Fund ID: 805-9224898111
Reported beneficial owners: 193
Minimum commitment: $100K
Form D file number: 021-362786

Form ADV 2113421 · Jun 15, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

MULTI-ADVISOR FUNDS INTERNATIONAL EQUITY VALUE FUNDOther Private Fund · Last reported Jun 15, 2026$81.3MGross asset value

Form D fundraising filings

MULTI-ADVISOR FUNDS INTERNATIONAL EQUITY VALUE FUND

Fund administrator THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: Yes

Auditor KPMG, LLP CHICAGO, Illinois, United States

Custodian THE BANK OF NEW YORK NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

KPMG, LLP
PCAOB 185

THE BANK OF NEW YORK
LEI HPFHU0OQ28E4N0NFVK49

Fund details & source

Fund ID: 805-8586862680
Reported beneficial owners: 32
Minimum commitment: $100K
Form D file number: 021-112921

Form ADV 2113421 · Jun 15, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

MULTI-ADVISOR FUNDS ENERGY INFRASTRUCTURE FUND - EAGLE GLOBAL ADVISORS, LLCOther Private Fund · Last reported Jun 15, 2026$74.4MGross asset value

Form D fundraising filings

MULTI-ADVISOR FUNDS ENERGY INFRASTRUCTURE FUND - EAGLE GLOBAL ADVISORS, LLC

Fund administrator THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: Yes

Auditor KPMG, LLP CHICAGO, Illinois, United States

Custodian THE BANK OF NEW YORK NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

KPMG, LLP
PCAOB 185

THE BANK OF NEW YORK
LEI HPFHU0OQ28E4N0NFVK49

Fund details & source

Fund ID: 805-6414728658
Reported beneficial owners: 43
Minimum commitment: $100K
Form D file number: 021-248127

Form ADV 2113421 · Jun 15, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Jun 15, 2026. View historical filings

Reported services

Individual portfolio management · Investment company portfolio management · Pooled investment vehicle management · Business portfolio management · Selection of other advisers · Publication of newsletters

Compensation

Percentage of assets · Fixed · Performance-based

Principal office

50 S LASALLE STREET
CHICAGO, IL, 60603-1008, United States

CRD 105780

Filing source

Form ADV 2113421 · Jun 15, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.