Chicago-based Northern Trust Corp. has been hired to provide custody services for more than $800 million in pension, endowment and operating funds of John Muir Health of Walnut Creek, Calif.
It’ll also provide benefit payment services for the organization’s pension plan.
“With a single, global operations platform and a single point of contact, Northern Trust will help us to maximize efficiencies across our programs, while we focus on our core objectives,” John Muir said.
John Muir Health is a non-profit organization that includes two of the largest medical centers in Contra Costa County.
