Date: Dec 01, 2009

Orla Nallen to speak at Zarb School of Business 2009 Executive Speakers Series Program

BNY Mellon Managing Director to present latest white paper on the hedge fund of tomorrow

Hofstra University, Hempstead, NY – The Frank G. Zarb School of Business and the Center for International Financial Services and Markets will host an Executive Speakers Series program on Wednesday, December 9, 2009 at 6 p.m. in Rochelle and Irwin A. Lowenfeld Conference and Exhibition Hall, 10th floor, Joan and Donald E. Axinn Library, South Campus.

Orla Nallen, managing director of BNY Mellon, will present the third research collaboration between BNY Mellon and management consulting firm Casey Quirk entitled "The Hedge Fund of Tomorrow: Building an Enduring Firm."

"The Zarb School continues to value our relationship with BNY Mellon and their executive vice president Brian Ruane," said Dean Salvatore F. Sodano.

This paper sought to answer the questions: how will investors rethink and employ global hedge fund strategies after the meltdown of 2008; what are the implications regarding the wholesale changes to hedge funds' operating environments and how can misalignments in the hedge fund business model be corrected?

“The events of 2008 and early 2009 changed global financial markets indelibly. Investors are demanding new levels of insight into where and how assets being held,” said Brian Ruane, chief executive officer of BNY Mellon Alternative Investment Services. “We are delighted to be able to share the results of our most recent study with the faculty, students and alumni of the Zarb School and hope it will stimulate further discussions and learning from which we can all benefit.”

Earlier papers "Institutional Demand for Hedge Funds: New Opportunities and New Standards" in 2004 and "Institutional Demand for Hedge Funds II: The Global Perspective" in 2006 were both presented at the Zarb School.

“We are pleased that BNY Mellon continues to present their latest findings on hedge funds at the Zarb School. Students and alumni interested in asset management, corporate finance and alternative investments should attend this event to keep abreast of the latest developments in
asset management and especially alternative investments. Hedge funds will and always remain a
major force in the efficient allocation of capital in every modern society," said Anoop Rai, director of the Center for International Financial Services and Markets.

This event is free and open to current students and Hofstra alumni. For additional information please contact Graduate Business Career Services at 516-463-6060. Students must register via the Hofstra portal. Alumni should e-mail graduatebusinesscareerservices@hofstra.edu.
 
BNY Mellon Alternative Investment Services (BNYM AIS) is a leading hedge fund administrator with more than $200 billion in assets under administration.  In addition to
administration the company offers a wide range of accounting, cash management, collateral management, custody, corporate trust, asset management and wealth management services to the hedge fund industry.   BNYM AIS has an extensive global presence, including locations in Bermuda, Cayman Islands, Hong Kong, Ireland, Luxembourg, Singapore and the United Kingdom, as well as US offices in California, Florida, Massachusetts, New Jersey, New York, Pennsylvania and Texas.

The Frank G. Zarb School of Business at Hofstra University believes that the best business education provides students with a sound knowledge of their field combined with a broad, well-rounded program of study guided by an experienced faculty committed to excellence.

The Center for International Financial Services and Markets aims to disseminate information and facilitate student and faculty study in the field of international financial services and markets using an interdisciplinary approach and interactions between academics and professionals.

Hofstra University is a dynamic private institution where students can choose from about 150 undergraduate and more than 160 graduate programs in liberal arts and sciences, business; engineering; communication; education, health and human services;  and honors studies, as well as a School of Law. With a student-faculty ratio of 14-to-1, our professors teach small classes averaging 22 students that emphasize interaction, critical thinking and analysis. Hofstra offers a faculty whose highest priority is teaching excellence.