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BNY Mellon AIS tops $400 billion in hedge funds AUM

BNY Mellon Alternative Investment Services has announced that it has topped $400 billion in assets under administration, making it the second largest provider of solutions to hedge funds, funds of hedge funds, and private equity investments globally. Since 2008, BNY Mellon AIS has doubled its alternative assets under administration, fuelled by increased market share and its acquisition of PNC’s Global…

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