NORTHERN FUNDS AMENDMENT NO. 1 TO SUB-ADVISORY AGREEMENT MULTI-MANAGER HIGH YIELD OPPORTUNITY FUND
AMENDMENT NO. 1 TO SUB-ADVISORY AGREEMENT
MULTI-MANAGER HIGH YIELD OPPORTUNITY FUND
This Amendment (“Amendment”), dated as of the 18th day of August, 2022, is entered into between Northern Trust Investments, Inc. (the “Adviser”), and Xxxxx Capital Credit, LLC (formerly DDJ Capital Management, LLC) (“the Sub-Adviser”).
WHEREAS, the Adviser and Sub-Adviser have entered into a Sub-Advisory Agreement dated as of January 31, 2022 (the “Agreement”), pursuant to which Board of Trustees of the Northern Funds (the “Board”) has appointed the Sub-Adviser to act as a sub-adviser to the Multi-Manager High Yield Opportunity Fund (the “Fund”); and
WHEREAS, the Adviser and Sub-Adviser now wish to amend the Agreement to update the name of the Sub-Adviser; and
NOW THEREFORE, the parties hereto, intending to be legally bound hereby agree to amend the Agreement as follows:
1. Effective as of February 9, 2022, all reference in the Agreement to “DDJ Capital Management, LLC” shall be replaced with “Xxxxx Capital Credit, LLC”.
2. Except to the extent amended hereby, the Agreement shall remain unchanged and in full force and effect and is hereby ratified and confirmed in all respects as amended hereby.
IN WITNESS WHEREOF, the parties hereto have duly executed this Amendment as of the day and year first above written.
NORTHERN TRUST INVESTMENTS, INC. | ||
By: | /s/ Xxxx Xxxxxx | |
Title: | Sr. Vice President | |
XXXXX CAPITAL CREDIT, LLC | ||
By: | /s/ Xxxxxx X. XxXxxxxx | |
Title: | General Counsel and Chief Compliance Officer |