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BNY Mellon hires three senior executives
17 June 2014
New positions added to HedgeMark team
BNY Mellon has created three new senior executive positions
in its dedicated managed accounts provider team,
The firm has hired Bill Santos as global head of business
development, Maxine Alexis as head of the legal consulting
group and Neil Novembre as head of fund accounting.
"We’ve seen increased demand in the
institutional marketplace for our services, and
Santos, Alexis and Novembre’s specialised
expertise will be integral to our growth," said Andrew Lapkin,
CEO of HedgeMark.
"They bring considerable experience in the managed account
business, and we’re excited about adding such
talented industry veterans to our team."
Santos will be responsible for global business development,
marketing, and relationship management. Alexis will oversee all
legal matters relating to the structuring and operation of
HedgeMark’s dedicated managed account (DMA)
solution, while Novembre will oversee fund accounting
operations for DMA.
In February, BNY Mellon announced an agreement to acquire
its remaining ownership interest in HedgeMark. The deal was
completed in early May.
Santos joins HedgeMark from Kenmar Olympia Group where he
was senior managing director and head of institutional business
development for the Americas and Japan.
Alexis joins from Deutsche Bank where she was a senior legal
counsel and most recently served as global co-head of Deutsche
Bank’s alternatives legal practice group.
Novembre served as chief financial officer of DB Advisors Hedge
Fund Group, responsible for their fiduciary business of
domestic and offshore funds and managed accounts.