Sunday, 29 March 2015
Last updated 1 day ago
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."
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…