BNY Mellon's HedgeMark specializes in supporting institutional clients in the development and operation of their own private hedge fund dedicated managed account platforms. HedgeMark's dedicated managed account services and position-level risk and performance analytics are aimed at institutional investors seeking increased customization, transparency, control and governance around their hedge fund investments. HedgeMark's team is led by well-established industry professionals with extensive experience in the structuring, operations, monitoring and oversight of hedge fund managed account structures.
Our Dedicated Managed Account solution allows clients to outsource the set-up, implementation, ongoing operations and risk and performance analytics associated with operating their own custom hedge fund managed account platform. Our services include:
Onboarding and Fund Setup
-Consultation with clients to customize Dedicated Managed Account platform structure, governance model, reporting requirements, etc. to meet their specific needs and objectives
- Coordination of fund structuring and organization
- Coordination of drafting and negotiation of investment management agreements
- Prime Broker and counterparty relationship management and coordination of contract negotiation and account opening
- Operational onboarding of hedge fund managers
Daily Operational Oversight
- Daily oversight of fund administration
- Service provider coordination (including day-to-day oversight of fund operations)
- Middle office services (collateral management, trade-related payments, NAV review, cash & position reconciliations, expense verification & payment, audit coordination)
- Investment guideline compliance monitoring
Daily T+1 Risk and Performance
- Daily (T+1) holdings-based risk, performance contribution analysis and performance analysis
- Counterparty exposure reporting
- Factor-based analysis, stress testing, shocking and scenario modeling