Market Overview

Tulane University Selects BNY Mellon for Asset Servicing

Share:

Tulane University Selects BNY Mellon for Asset Servicing

BNY Mellon to provide extensive range of services to the $1.4 billion endowment fund

PR Newswire

NEW YORK, July 30, 2018 /PRNewswire/ -- BNY Mellon, a global leader in investment management and investment services, has been chosen by Tulane University to be the prime provider of custody and administrative services to its $1.4 billion endowment fund.

BNY Mellon will provide services in relation to global trust and custody, unitized accounting, performance measurement, capital call management, gift processing, liquidity and capital markets to the 184-year-old New Orleans-based University.

Jeremy Crigler, Chief Investment Officer at Tulane University, said: "We selected BNY Mellon because of the quality of their technology platform and the experience of their team to help us with our transformation initative."

"We are delighted to be trusted as the service partner to support the University with this significantly extended range of services," said Dan Smith, Head of Americas Asset Servicing at BNY Mellon. "It is recognition of our ongoing commitment to product innovation and service excellence in the endowments and foundations sector."

BNY Mellon provides services for half the top 50 universities and three-quarters of the top 100 endowments in the United States1.

1. QS World University Rankings® 2016-2017; reprinted with permission of NACUBO, ©2017.

About BNY Mellon

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries. As of June 30, 2018, BNY Mellon had $33.6 trillion in assets under custody and/or administration, and $1.8 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE:BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

Contacts:
Paul Patella                               
BNY Mellon                                          
+1 212 635 1378
paul.patella@bnymellon.com

Cision View original content:http://www.prnewswire.com/news-releases/tulane-university-selects-bny-mellon-for-asset-servicing-300688162.html

SOURCE BNY Mellon

View Comments and Join the Discussion!