BNY Mellon has been appointed as a provider of global hedge fund custody services by the Capula Global Relative Value Master Fund Limited, the flagship fund investment managed by Capula Investment Management LLP, the London-based government fixed-income specialist firm with close to $4 billion of assets under management.
Neil McCallum, chief operating officer at Capula Investment Management LLP, said: We selected BNY Mellon as a global custodian as in the current economic environment it is important – to both the firm and to its clients – to have a provider with the financial stability to ensure the safekeeping of our assets.
David Aldrich, managing director and head of alternative investment services EMEA, at BNY Mellon said: BNY Mellon is committed to helping our hedge fund clients reduce their counterparty risks. Our appointment gives Capula an additional custody option with a custodian of recognized quality.