Mellon Alts Chief Named Dreyfus CIO

Nov 27 2006 | 11:32am ET

Mellon Asset Management alternative investments chief Phil Maisano is adding Dreyfus Corporation chief investment officer to his portfolio of responsibilities. Maisano, who joined MAM in 2004 when it acquired EACM Advisors, will also serve as Dreyfus vice chairman and has joined its board of directors and operating committee. He will remain head of alternatives at MAM, reporting to MAM President Robert O’Hanley in that role and Dreyfus CEO Stephen Canter as that firm’s chief investment officer.

“As the majority of Dreyfus’ long-term funds are now managed by other MAM subsidiaries, it is now essential that we work across all of MAM” to ensure strong investment performance, Canter said.

O’Hanley added, “Phil’s entire career has been devoted to the evaluation of investment managers.”

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