NEW YORK, November 18, 2010 — BNY Mellon announced that its Alternative Investment Services (AIS) group has received the ‘Best Administrator Over $30 Billion – Client Service' award from HFMWeek. BNY Mellon was nominated for the honor as part of HFMWeek's 2010 U.S. Hedge Fund Services Awards, presented to industry leading companies in New York on October 26.

HFMWeek's U.S. Hedge Fund Services Awards recognize companies that have outperformed their peer group over the course of 2010 across several categories. In 2009, BNY Mellon's AIS business captured the best single manager administrator award.

"Impressive on so many levels, BNY Mellon's ongoing commitment to customer care will continue to win it new business. All admins should treat customers the BNY Mellon-way," said HFMWeek's panel of judges. "With new fund launches well below historic highs … winners of this year's HFM U.S. Hedge Fund Services Awards have successfully steered a course through these arid conditions, improved services for existing clients, and worked hard to win new business."

"We value recognition such as this as a strong reflection of our efforts each day to anticipate and deliver what our clients want," said Carol Andrews, global head of client service for BNY Mellon AIS. "It also speaks to the enormous skills and dedication of our worldwide team of more than 1,500 professionals to be so honored among our peers."

BNY Mellon Alternative Investment Services — a leading service provider for alternative assets, including single manager hedge funds, funds of hedge funds, and private equity — has more than $350 billion of assets under administration and an extensive global presence, including locations in Bermuda, the Cayman Islands, Guernsey, Hong Kong, Ireland, Japan, Luxembourg, Poland, Singapore and the United Kingdom, as well as U.S. offices in five states. In addition to alternative asset administration, BNY Mellon offers a wide range of cash management, foreign exchange, collateral management, trust, operational outsourcing and custody services to the alternative investment industry.

BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 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 $24.4 trillion in assets under custody and administration and $1.14 trillion in assets under management, services $12.0 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Learn more at www.bnymellon.com.