Sat, Aug 2, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Swiss Capital Alternative Investments AG appoints BNY Mellon for fund administration and custody services

Monday, January 11, 2010
Opalesque Industry Updates - BNY Mellon Alternative Investment Services has been appointed by Swiss Capital Alternative Investments AG, the Swiss-based company with $1.4bn of AUM, to provide fund administration and custody services for its Irish domiciled fund of managed accounts.

BNY Mellon Alternative Investment Services’ market-leading reputation as fund administrator for alternative investments was a major factor in winning the mandate, as well as its global strength, financial stability and experience. The company’s ability to offer value-added services such as banking facilities, custody, escrow and liquidity services allows the client to focus on their core activity of fund raising, investing and managing their portfolio as opposed to finding and managing a number of service suppliers.

Marcel Schindler, senior partner and Head Products, at Swiss Capital AG, said: “We selected BNY Mellon to provide services following a competitive review. BNY Mellon has considerable expertise in both corporate trust and alternative investment services and their ability to combine these demonstrated their capability in servicing this deal.”

Brian Ruane, Chief Executive Officer of Alternative Investment Services at BNY Mellon, said: “Winning this significant piece of business underscores our recent success in growing our investment management and financial advisory customer base. Our comprehensive portfolio of services allows companies to generate efficiencies from streamlining and consolidating their custody and operational functions." www.bnymellon.com.

- FG

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Kyria Capital Management bets on women hedge fund managers[more]

    Bailey McCann, Opalesque New York: As hedge fund assets top $3 trillion, and long/short strategies get more crowded than ever, with every manager hunting for even the tiniest bit of alpha, a new firm has emerged that claims its own edge – women. A recent Rothstein Kass study showed women-owned a

  2. Opalesque Exclusive: Q2, H1 end positively for hedge fund performance[more]

    Bailey McCann, Opalesque New York: New hedge fund monitor data from Citi Prime Finance shows that overall, hedge funds ended the month of June and the first half of the year positively. Composite hedge fund performance, equal-weighted across funds, ranged from +0.93% to +1.73%. June-14 performa

  3. Many CTAs have become more short-volatility in the last five years[more]

    Benedicte Gravrand, Opalesque Geneva: Quantitative easing has reduced and then suppressed volatility for the last five years. So analysts at R.G. Niederhoffer Capital Management recently examined if there had been a tendency for CTAs and hedge funds to adjust their styles to become more 'shor

  4. Other Voices: Event driven strategy outlook: Broader focus required[more]

    This article was authored by Alex Gavrish, founder and CEO of Etalon Investment Research, and author of "Wall Street Back To Basics."

  5. Other Voices: Not so easy to replicate activist hedge funds and achieve similar performance[more]

    This article was authored by Alex Gavrish, founder and CEO of Etalon Investment Research, and author of "Wall Street Back To Basics." With the amount of activist investments on the rise during the last few years, more and more media at