Brian Ruane has been appointed to the new position of Chief Executive Officer of Alternative Investment Services (AIS) at $200 billion hedge fund administrator, BNY Mellon Alternative Investment Services.
"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," Art Certosimo, senior executive vice president and head of Broker-Dealer/Alternative Investment Services. "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."
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.
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.