Brown Brothers Harriman has appointed Sarah Holmes as global head of securities lending. She joined BBH in 1995 and previously worked as chief administrative officer within BBH’s systems and technology division. Tom Poppey has assumed the role of head of product strategy in securities lending. In 2022 Marney McCabe, then co-head of global securities lending,…
Category: BBH
BBH strengthens EMEA sales team
Brown Brothers Harriman has expanded its investor services sales team in Europe. David Murphy and Andrea Murray join BBH as European business development managers for alternatives and ETFs respectively, while Holly Gardner takes on the role of head of business development for Luxembourg. Murphy joins BBH’s alternatives team after most recently leading business development at…
Alger moves to BNY Mellon
Fred Alger Management, LLC, a privately-owned USD22bn growth equity investment manager, has appointed BNY Mellon to provide global fund services, as well as portfolio accounting, performance measurement and data management solutions. Alger expects to complete this transition by early 2024. Two of the outgoing providers are thought to be BBH as custodian, and UMB as…
Gen II hires BBH veteran in Lux
Michael Mekhaeel has joined Gen II Fund Services as head of depositary at Gen II Luxembourg Services, a wholly-owned subsidiary. Mekhaeel previously spent 17 years at BBH in Luxembourg. Gen II focuses exclusively on the private capital sector, and claims to have USD900bn AuA.
BBH hires ETF veteran from Vanguard
Brown Brothers Harriman has hired Tim Huver to join its ETF team. In this role, Huver is responsible for executing the firm’s ETF servicing growth strategy in the U.S. by fostering new client relationships and providing consultative services to help managers build a comprehensive ETF operating model. Huver joins BBH from Vanguard, where his 23-year…
BBH hiring for 300+ roles
Via LinkedIn, BBH has announced that it is hiring for 300+ roles across business development, relationship management, technology, marketing, and client service, inter alia. If you’d like to know more, go to: Careers (bbh.com)
BBH to service Schroders ELTIF
Brown Brothers Harriman has been selected by Schroders Capital as central administrator and depositary bank for the launch of its first European Long-Term Investment Fund (ELTIF). Peter Arnold, COO of Schroders Capital, said: “We believe that a wider range of investors should have access to the opportunities that private assets can offer. BBH’s ability to…
Citi confirms new Benelux chief
As previously reported, Citi has now confirmed that Eduardo Gramuglia Pallavicino has joined as the new head of Belgium, Netherlands and Luxembourg (Benelux) for securities services. Before a brief spell at Next Gate Tech, Gramuglia was at State Street where he was CEO and country head of Luxembourg. He replaces Larissa Sototskaya, who has moved…
Citi hires Lux/NL chief
Citi has hired Eduardo Gramuglia Pallavicino as head of Luxembourg & the Netherlands. Gramuglia, who has been working as a strategic advisor and non-executive director, was previously head of Luxembourg for State Street and has also worked at BBH. He replaces Larissa Sototskaya, who has moved to a new role as global head of TA…
Pace moves to U.S. Bank
Dan Pace has joined U.S. Bank as a relationship manager in its institutional trust & custody team, based in Boston. He previously spent more than 15 years at BBH.