Friday, 9 October 2015
Last updated 3 hours ago
Aug 24 2011 | 11:24am ET
Hedge fund managed accounts platform HedgeMark International has taken another step towards integration with possible future parent Bank of New York Mellon.
The Los Angeles- and New York-based firm named BNY Mellon senior executive vice president Richard Brueckner its non-executive chairman. Brueckner also serves as chairman of BNY Mellon's Pershing unit, which in February became a major investor in HedgeMark with an option to take control of the platform over the next five years.
"HedgeMark has established a leadership role in addressing many of the major issues driving change in todayʼs alternative investing industry,” Brueckner said. “A focus on independent hedge fund governance, integrated with transparency and risk management, is of vital concern to institutional and high net worth investors, as well as regulatory agencies, worldwide."
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…