BNY Mellon Names Brian Ruane CEO of Alternative Investment Services
|
| Posted
:
Mon, 02 Nov 2009 13:35:28 GMT |
| Author
:
BNY Mellon |
| Category
:
Press Release |
| News Alerts by
Email ( click
here ) |
|
|
|
|
New position highlights robust growth of hedge fund administration business NEW YORK, Nov. 2
NEW YORK, Nov. 2 /PRNewswire-FirstCall/ -- BNY Mellon, the global leader in asset management and securities servicing, announced that Brian Ruane has been appointed to the new position of Chief Executive Officer of Alternative Investment Services (AIS). BNY Mellon Alternative Investment Services is a leading hedge fund administrator with more than $200 billion in assets under administration.
Ruane will report to Art Certosimo, senior executive vice president and head of Broker-Dealer/Alternative Investment Services at BNY Mellon. He will continue to be based in New York City.
Ruane, who joined BNY Mellon in 1993, was most recently executive vice president and head of global client management North America. For the five years prior, he was head of financial institutions, overseeing the firm's relationships with banks, broker-dealers and hedge funds. In his new role he will focus on expanding AIS' global client relationships and leveraging the array of fund administration products and services the group provides to hedge fund, fund of hedge fund, private equity and real estate clients worldwide.
"Brian's experience and leadership will help us continue to grow, build on our strengths, and set new standards for serving clients during this transformational time in the industry," said Certosimo. "BNY Mellon's AIS business has achieved impressive revenue and market share gains the past few years, where others have struggled. We're confident in Brian's ability to develop the strategies and forge the relationships we'll need to take our global growth forward."
BNY Mellon Alternative Investment Services has an extensive global presence, including locations in Bermuda, Cayman Islands, Hong Kong, Ireland, Luxembourg, Singapore and the United Kingdom, as well as US offices in California, Florida, Massachusetts, New Jersey, New York, Pennsylvania and Texas. In addition to administration the company offers a wide range of accounting, cash management, collateral management, custody, corporate trust, asset management and wealth management services to the hedge fund industry.
BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $22.1 trillion in assets under custody and administration and $966 billion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. Additional information is available at bnymellon.com.
SOURCE BNY Mellon
|
Copyright © 2008
PR Newswire. All rights reserved.
|
|
|
|
|
Related
News
Five Outstanding NCKU Alumni Honored With 2009 NCKU Outstanding Alumni Award TAINAN, Taiwan -
National Cheng Kung University (NCKU) presented its “2009 NCKU
Outstanding Alumni Award” to five distinguished alumni in recognition of
their remarkable professional achievements and contributions to their
alma mater and the community. The award convocation was h
China BAK Battery Fourth Quarter Fiscal 2009 Earnings Conference Call
SHENZHEN, China, Nov. 23 -- China BAK Battery Inc. (Nasdaq: CBAK), one of the largest lithium-ion battery cell manufacturers in the world, as measured by production output, will hold its quarterly conference call to discuss results for the fourth quarter and fiscal ye...
DAILY customizes Rigid UHF tag for Industrial Applications DAILY's rigid UHF tag is specially designed for Industrial Applications, since it is extremely resistant to harsh environment, including metallic and moist conditions. And the rigid on-metal tags can be customized from 860MHz to 960MHz, as well as in different sizes and shapes for each application's requirements.
ICB Financial Third Quarter 2009 Financial Performance
ONTARIO, Calif., Nov. 23 -- ICB Financial (OTC Bulletin Board: ICBN) and its wholly owned subsidiary, Inland Community Bank, N.A. (the "Bank"), reported special charges to earnings to bolster reserves during the quarter ended Sept...
2009 SATU Steering Committee Meeting and E-Classroom Workshop Held in NCKU TAINAN, Taiwan -
The Annual Steering Committee Meeting of the Presidents' Forum of
Southeast and South Asia and Taiwan Universities (SATU) was held in
National Cheng Kung University (NCKU), Tainan, Taiwan on November 12th ~
13th, 2009. Additionally, there was together with a Workshop on
Celebrate Christmas at the St Margarets Christmas Fair, Sunday 6 December
The St Margarets Christmas Fair a href= http://www.mystmargarets.com onclick= linkClick( this.href ); target= _blank http://www.mystmargarets.com/a offers a festive day of fun, Christmas entertainment and great local Christmas shopping for all the family. /I/P
PSt Margarets, Twic...
Free Wondreshare spyware removal - protect PC agianst spyware, trojan virus and slow performance! Wondershare Spyware Removal is a free program that helps remove spyware, trojan virus and other security threats caused by spyware and other unwanted software.
|
|
|
|
|
|
|
|
|