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“Private equity is a big piece of expansion for us. We have won several large mandates already. Similarly we want to capture the growing popularity of hybrid products, like 130/30 funds” |
The Bank of New York and Mellon Financial Corporation merger completed in July has created the sixth-biggest hedge fund administrator worldwide. The newly named Bank of New York Mellon has $175 billion in hedge fund assets under administration from the merger of the two firms.
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