Swiss Capital appoints BNY Mellon for custody services
BNY Mellon Alternative Investment Services has been appointed by Swiss Capital Alternative Investments to provide fund administration and custody services for its Irish domiciled fund of managed accounts.
Marcel Schindler, senior partner and head products at Swiss Capital, says: “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 (pictured), chief executive officer of alternative investment services at BNY Mellon, adds: “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."
Swiss Capital Alternative Investments is a limited company registered in Zurich under Swiss Law. It offers services and products primarily focusing on alternative investments to institutional investors such as pension funds, banks, corporates and endowments.
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