Mellon Financial Corporation’s Global Securities Service will serve as custodian for Makena Capital.
As custodian, Mellon will provide monthly valuation of the securities in Makena’s portfolio, foreign exchange support and securities lending.
“Both newly created investment management firms such as Makena and well- established managers are looking to us for value-added services to go along with our core custody offering,” says Vince Sands, president of US Mellon Global Securities Services. “We continue to invest in our advanced technology infrastructure so we can provide the types of services that sophisticated investors such as Makena Capital require.”