Northern Trust Awarded Real Estate Fund Administration Mandate by Apache Capital Partners LLP

Northern Trust Awarded Real Estate Fund Administration Mandate by Apache
Capital Partners LLP

LONDON, Oct. 5 /PRNewswire-FirstCall/ -- Northern Trust (Nasdaq: NTRS) has
been appointed to provide fund administration services to three niche real
estate funds managed by specialist boutique investment manager Apache Capital
Partners LLP. Headquartered in London and with an office in Bahrain, Apache
Capital Partners focuses on the management of property related investments. It
was established in March 2008 to take advantage of prevailing market dynamics.

"As a start up, Apache Capital Partners were looking for a provider that
understands our needs and demonstrates an enthusiasm for working with us,"
said Chairman and co-founder of Apache Paul Orchard-Lisle. "Specifically,
Apache Capital Partners needed a provider with a high level of competency and
expertise in the administration of complex real estate structures, as well as
demonstrable process controls, risk management and corporate governance
oversight. Northern Trust met all of these requirements."

Under the agreement, Northern Trust will provide services to:
-- Apache Roxylight UK Infrastructure Opportunity Fund
-- Apache UK Active Commercial Opportunity Fund

-- Apache Prime Central London Residential Opportunity Fund

"Real estate and infrastructure fund managers face increasing challenges to
meet the needs of their dynamic institutional investor base," said Kate
Stallard, head of EMEA, Private Equity, Real Estate and Infrastructure Sales
at Northern Trust. "Above all they need to know the fund is supported by
robust risk management and strong governance. Northern Trust is delighted to
be working with Apache to deliver flexible solutions that enable them to focus
on growing a unique portfolio for their distinguished investors."

Northern Trust provides a comprehensive range of fund administration solutions
for conventional funds and alternative asset classes including hedge funds,
fund of funds, real estate funds, private equity, infrastructure and
agriculture. It supports multiple fund structures across multiple
jurisdictions including the UK, USA, Ireland, Luxembourg, Jersey and Guernsey.
Northern Trust also offers relating banking, trustee and custody services
which can be tailored to support evolving business needs.

About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment
management, asset and fund administration, banking solutions and fiduciary
services for corporations, institutions and affluent individuals worldwide.
Northern Trust, a financial holding company based in Chicago, has offices in
18 U.S. states and 15 international locations in North America, Europe, the
Middle East and the Asia-Pacific region. As of June 30, 2009, Northern Trust
had assets under custody of US$3.2 trillion, and assets under investment
management of US$558.9 billion. For 120 years, Northern Trust has earned
distinction as an industry leader in combining exceptional service and
expertise with innovative products and technology. For more information, visit
www.northerntrust.com.

Northern Trust operates in Australia as a foreign authorised deposit-taking
institution (foreign ADI) and is regulated by the Australian Prudential
Regulation Authority.

Northern Trust in Hong Kong is a securities company regulated by the
Securities and Futures Commission.

Northern Trust in Singapore is a foreign wholesale bank regulated by the
Monetary Authority of Singapore.

Northern Trust operates in China as a Representative Office and is regulated
by the China Banking Regulatory Commission.

Northern Trust (Guernsey) Limited, Northern Trust Fiduciary Services
(Guernsey) Limited, Northern Trust Fiduciary Company (Guernsey) Limited and
Northern Trust International Fund Administration Services (Guernsey) Limited
are licensed by the Guernsey Financial Services Commission.

Northern Trust International Fund Administrators (Jersey) Limited and Northern
Trust Fiduciary Services (Jersey) Limited are regulated by the Jersey
Financial Services Commission.

Northern Trust Global Services is authorised and regulated in the Netherlands
by De Nederlandsche Bank.

Northern Trust Global Services Limited Luxembourg Branch is authorised and
regulated by the Financial Services Authority and in Luxembourg by the
Commission de Surveillance du Secteur Financier (CSSF) and Northern Trust
Luxembourg Management Company S.A. is regulated by the CSSF.

Northern Trust Global Services Limited - Abu Dhabi. Representative Office,
Licence number 13/238/2008.

Where Northern Trust's UK entities undertake regulated business, they are
authorised and regulated in the United Kingdom by the Financial Services
Authority.

Northern Trust International Fund Administration Services (Ireland) Limited
and Northern Trust Fiduciary Services (Ireland) Limited are regulated by the
Financial Regulator.

The Northern Trust Company operates in Canada as The Northern Trust Company,
Canada Branch which is an authorized foreign bank branch under the Bank Act
(Canada). Trustee related services in Canada are provided by the wholly owned
subsidiary The Northern Trust Company, Canada, an authorized trust company
under the Trust & Loans Companies Act (Canada). Deposits with The Northern
Trust Company and its affiliates and subsidiaries are not insured by the
Canada Deposit Insurance Corporation.

Northern Trust Global Services Ltd (UK) Sweden Filial is a BCD Passported
branch of Northern Trust Global Services Ltd a firm authorised and regulated
in the UK by the Financial Services Authority ('FSA').

About Apache Capital Partners

Apache Capital Partners LLP, headquartered in London and with an office in
Bahrain, is an investment management boutique, specialising in property
assets. Apache, was established in March 2008 to take advantage of prevailing
market dynamics, which have resulted in the counter cyclical buying
opportunity of a generation. Today the Apache team consists of over 50, market
leading property professionals with clearly defined specialisms, excellent
market reputations and demonstrable track records in creating, executing and
managing property funds.

For further information visit: www.apachecapitalpartners.co.uk

SOURCE Northern Trust

EMEA, Camilla Greene, +44 (0) 20 7982 2176, cg81@ntrs.com, or US, Canada &
APAC, John O'Connell, +1-312-444-2388, jo45@ntrs.com, or Kathleen Fitzgerald,
+1-312-444-3094, kdf2@ntrs.com, all of Northern Trust