BNY Mellon Names New Alts. Services Chief

Mar 5 2014 | 10:54am ET

The Bank of New York Mellon has promoted Frank La Salla to lead its hedge fund administration business.

La Salla was named CEO of alternative investment services. Previously, he was managing director at BNY subsidiary Pershing, in charge of its global business and growth effort.

La Salla succeeds Samir Pandiri, who has led the alts. business for the past two years. Pandiri remains CEO of asset servicing.

At Pershing, La Salla’s responsibilities have been taken on by others. He remains on the board of its British affiliate.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note