BNY Mellon Moves Two To New Alts. Posts

Oct 13 2010 | 10:38am ET

The Bank of New York Mellon’s hedge fund service unit has appointed two executives to build out its business.

Marina Lewin has been named head of global sales and Steve Farlese head of global service delivery at BNY Mellon Alternative Investment Services, both new positions. Lewin is charged with overseeing new business development teams across its hedge fund and private equity administration and custody businesses. Farlese will oversee all operation client deliverables for its clients.

Both Lewin and Farlese are internal hires: The latter has been with BNY Mellon for 15 years, the former for 10.

“The alternative asset management business is undergoing enormous change, and Marina and Steve have the knowledge and skills to help us both navigate these waters and maintain our strong growth around the world," Brian Ruane, CEO of AIS, said.  "Each has long been a key contributor to our success serving clients' varied and complex needs—a success that has led to us tripling our assets under administration in just over three years."

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