BNY Mellon Asset Servicing will provide global custody and accounting services, private investment accounting, as well as performance and risk analytics.
It will also provide support through its Treasury Services business and asset management through its Mellon Capital Management affiliate.
Bradley Foundation vice president for finance Cynthia Friauf said that since 1985, the Lynde & Harry Bradley Foundation has made more than $772m in grant awards to organizations across the US, and Bradley need a company with the breadth of services BNY Mellon offers to help the company manage and administer a diversified investment portfolio that supports the substantial grant-making operation.
BNY Mellon Asset Servicing head for US Corporate, Government & Not-for-Profit business Laurin Moore said that the work with them showcases the ‘total company’ resources BNY Mellon is able to deliver to institutional clients, from global custody to value-added analytics to enhanced index strategies.
The Lynde & Harry Bradley Foundation is a private, independent grant-making organization based in Milwaukee.
