NEW YORK, LONDON and SAN FRANCISCO, June 3 /PRNewswire-FirstCall/ -- Newton*, part of BNY Mellon Asset Management, has announced that Newton Capital Management LLC, its business offering services in Canada and the U.S., has hired former founding partner of Thomas Weisel Partners, Chris Henkel, to create a presence on the West Coast.
Based in San Francisco, Chris Henkel joins Newton to head up the Western Region, focusing on client service, consultant relations and business development. Prior to joining Newton, Henkel was a member of the founding group of partners at Thomas Weisel Partners Group, Inc. His responsibilities at Thomas Weisel Partners over a 10-year period included sales, marketing and business development for both the Asset Management and Institutional Equity Sales divisions. Henkel brings a wealth of financial services experience gained from senior roles held at both Thomas Weisel Partners and Deutsche Bank Alex Brown over the past 20 years.
"We now have over $4 billion in assets under management for our North American-based clients including a number of clients in the Western region of the U.S.," said Ciaran Spillane, Head of North American business for Newton. "Adding someone with Chris' asset management expertise, combined with his West Coast experience, will enhance Newton's efforts overall and reiterates our commitment to the U.S." Henkel will report to Spillane.
Notes to Editors:
Newton* is a London-based global asset management subsidiary of The Bank of New York Mellon Corporation and part of BNY Mellon Asset Management. With assets under management of more than $67 billion, including assets managed by Newton Investment Management Limited as dual officers of Newton Capital Management Limited and The Bank of New York Mellon, Newton's group of affiliated companies provides a broad range of award-winning investment products and services to individuals, pension funds, charities and corporations. News and other information about Newton is available at www.newton.co.uk.
BNY Mellon Asset Management is the umbrella organization for BNY Mellon's affiliated investment management firms and global distribution companies. Information about BNY Mellon Asset Management is available at www.bnymellonam.com.
BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $22.3 trillion in assets under custody and administration, $1.1 trillion in assets under management, services $12 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. Additional information is available at www.bnymellon.com.
*'Newton' refers to the following group of affiliated companies: Newton Investment Management Limited, Newton Capital Management Limited, Newton International Investment Management Limited, Newton Capital Management LLC and Newton Fund Managers (CI) Limited. Assets under management include assets managed by all of these companies except Newton Capital Management LLC, which provides marketing services in the U.S. for Newton Capital Management Limited. Except for Newton Capital Management LLC and Newton Capital Management Limited, none of the other Newton companies offer services in the US and Canada. Newton Capital Management Limited is an investment management firm authorized and regulated in the United Kingdom by the Financial Services Authority in the conduct of investment business and is a wholly owned subsidiary of The Bank of New York Mellon Corporation. Registered in England no: 2675952. Newton Capital Management Limited is registered in the United States as an investment adviser under the Investment Advisers Act of 1940. All information source BNY Mellon Asset Management as at 12/31/09. This press release is qualified for issuance in the US only and is for information purposes only. It does not constitute an offer or solicitation of securities or investment services or an endorsement thereof in any jurisdiction or in any circumstance in which such offer or solicitation is unlawful or not authorized. This press release is issued by BNY Mellon Asset Management to members of the financial press and media and the information contained herein should not be construed as investment advice. Past performance is not a guide to future performance.
A BNY Mellon Company(SM)
SOURCE BNY Mellon Asset Management; Newton*