Alan Flanagan was named global head of private equity and real estate fund services for Bank of New York Mellon’s alternative investment services business, spokesman Tim Steele said.
It is a new position. Mr. Flanagan, a managing director, is based in Dublin and reports to Frank LaSalla, CEO of the alternative investment services business.
Mr. Flanagan previously was global head of product management for alternative investment services and is being succeeded in that role by Robert Chambers.
Mr. Chambers previously was managing director, portfolio manager and member of the operating management committee at hedge fund manager Balestra Capital, said Gabriel Mairzadeh, Balestra Capital general counsel. Mr. Mairzadeh had no further information.