BNY Mellon has been appointed by Swiss Capital Alternative Investments AG, the Swiss-based company with USD1.4bn AUM, to provide fund administration and custody services for its Irish-domiciled fund of managed accounts.
Marcel Schindler, senior partner 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."
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