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Movers & shakers: Nov. 3, 2009

Posted on November 3, 2009 12:00 AM

Bank of New York Mellon Corp. named Brian Ruane CEO of alternative investment services. Based in New York, he reports to Art Certosimo, senior executive vice president and head of broker-dealer/alternative investment services.

Ruane (pictured), who joined BNY Mellon in 1993, was most recently executive vice president and head of global client management North America. He was previously head of financial institutions, overseeing the firm's relationships with banks, broker-dealers and hedge funds.

Separately, BNY Mellon Asset Management acquired a 20% stake in private equity firm Siguler Guff & Co. LLC. Siguler Guff was founded in 1991 within Paine Webber and became an independent firm in 1995. George Siguler, one of the founding partners, was also a founding employee of Harvard Management Co.

Also Monday, BNY Mellon completed the acquisition of Insight Investment Management Ltd. from Lloyds Banking Group plc for $386 million. Abdallah Nauphal is CEO and chief investment officer of Insight Investment. Nauphal joined Insight as head of fixed income in April 2003 after Insight acquired Rothschild Asset Management Ltd.


Check The Deal Pipeline for updates on these Movers & shakers:

-- PrinceRidge Group LLC added managing directors Leland Harrs and David Gilio to its corporate finance group.

-- Knight Libertas established a global emerging markets sales team with offices in Greenwich, Conn., Hong Kong and London.

--
In New York, Dirk Leasure was named head of the financial sponsors group at BMO Capital Markets.

Look for these and more on today's Who's in, who's out!




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