MONTREAL, July 23, 2014 /CNW Telbec/ - Pavilion Global Markets Ltd.
today announced that it has added two, experienced professionals to its
dedicated and distinguished transition management team, as it continues
to expand its presence and service offering in the United States.
Michael Young and Brian Berg, most recently with BNY Mellon's Beta and
Transition Management division, will work to expand Pavilion's
transition management services among U.S. plan sponsors, Taft-Hartley
plans, endowments, foundations, insurance companies and the investment
consultant community. Messrs. Young and Berg, who start onJuly 31st, will join Pavilion's growing team serving global institutional
investors and will be working closely with Shauna Hewitt-Lambright in the U.S. marketplace.
"Like Shauna, Michael and Brian come with proven track records and deep
industry experience serving a wide range of institutional investors,"
said Mario Choueiri, Head of Transition Management for Pavilion.
"Adding two seasoned professionals who have built considerable trust
and respect with clients over the years will help us connect with more
clients looking for strong risk management from a non-conflicted
trading partner, all backed by top-notch client service."
With BNY Mellon, Messrs. Young and Berg were branch managers for the New
York and Boston branches, respectively, of the Registered Investment
Advisor. Before BNY Mellon, Mr. Young worked at JP Morgan Securities
inNew York, contributing to the build-out of the heritage Chase
Manhattan Bank's transition management platform and developing JP
Morgan's transition management business. Mr. Berg worked with State
Street Bank and Trust inBoston where he marketed transition management
products and services. He also worked with ITG and Bloomberg in senior
sales positions. With Pavilion, Mr. Young will be located in Short
Hills, New Jersey while Mr. Berg will be located in Boston.
Pavilion has been helping clients transition their portfolios between
managers or markets for almost 20 years. Its long-term stability and
success - Pavilion doubled its transition activity over a five-year
period - can be credited, in part, to the fact that all trading for
transitions is done using an in-house, agency-only trading desk
recognized for its best execution.
Mr. Choueiri also noted that a recent survey of institutional investors ranked Pavilion No. 1 in cost
performance vs. estimate, "We are an employee-owned company which means our interests are
aligned with those of our clients. Therefore, we are focused on
building long-term relationships with clients and providing the most
accurate estimates which speak to our confidence in our offering and
strength of our platform."
Pavilion's transition experience covers the spectrum of market
capitalization in Canadian, U.S., International, and Global equities,
as well as Fixed Income and Balanced mandates. These transitions have
involved single/multiple asset classes and investment managers,
active/passive investment managers, growth/value styles, and
About Pavilion Global Markets Ltd.
Pavilion Global Markets offers securities trading, global macro research
and transition management services to institutional investors. With
roots going back more than 40 years, Pavilion brings
industry-recognized capabilities to the table including specialized
global macro research and analysis, a top-ranked global trading desk
and state-of-the-art technology to help institutional clients worldwide
excel in the capital markets. Pavilion Global Markets, Member of CIPF
and SIPC, is a subsidiary of Pavilion Financial Corporation, an
employee-owned, diversified global investment services firm that
provides leading investment expertise and implementation support to
help institutional clients and other investors preserve and enhance
their assets. For further information, visit www.pavilioncorp.com/global-markets/.
SOURCE: Pavilion Global Markets
For further information:
Deanna Allen, VP, Marketing & Communications, Pavilion Financial Corporation, Telephone : (514) 227-7710, Mobile : (514) 458-9050, firstname.lastname@example.org