50 South Capital Adds Talent to Private Equity Team

FOR IMMEDIATE RELEASE

CHICAGO, September 8, 2015 -- Chris McCrory has joined 50 South Capital Advisors, a wholly owned subsidiary of Northern Trust Corporation, as a Vice President on the Private Equity team. McCrory will focus on primary investment opportunities in U.S. buyout funds and direct co-investments alongside private equity managers.

50 South Capital Advisors seeks to make primary investments into funds managed by top private equity firms in the U.S., Europe and Asia and targets equity co-investment opportunities across all industries.

“Chris McCrory’s direct private equity and investment banking experience helps to strengthen and diversify our capabilities in private equity, which continues to attract strong interest as an asset class,” said Robert Morgan, Managing Director of 50 South Capital Advisors.

McCrory joined 50 South Capital Advisors from Pamlico Capital, a middle market growth and buyout private equity firm based in Charlotte, N.C. At Pamlico Capital, McCrory was active in all aspects of the investment process, including deal sourcing, due diligence, capital raising, deal negotiation, and working with companies post-investment. Prior to Pamlico Capital, he worked in the Investment Banking Group at McColl Partners (now known as Deloitte Corporate Finance).

McCrory earned a Bachelor of Science degree in business administration with Highest Distinction from the University of North Carolina at Chapel Hill. He received his MBA from the Kellogg School of Management at Northwestern University.

About 50 South Capital Advisors
50 South Capital Advisors, LLC is an alternatives asset management firm designed to meet the core strategic needs of investors seeking access to private equity and hedge funds. Its highly experienced team works closely with a wide range of investors to fulfill specific investment objectives and create lasting relationships. 50 South Capital’s investment philosophy focuses on providing access primarily to small-to-mid sized managers that offer unique and differentiated sources of return. 50 South Capital is a wholly-owned subsidiary of Northern Trust Corporation. Visit www.50SouthCapital.com for more information.

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 June 30, 2015, Northern Trust had assets under custody of US$6.2 trillion, and assets under management of US$946 billion. 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 http://www.northerntrust.com/disclosures.