Pershing, a division of BNY Mellon, has made a non-controlling investment in HedgeMark International and has the right to acquire the hedge fund managed accounts platform provider over time. The companies did not disclose the amount of the investment.

HedgeMark says it offers the first comprehensive, end-to-end hedge fund managed accounts platform including a fully integrated suite of modules that include fund due diligence, portfolio construction and back-testing, holdings-based risk monitoring, stress test analytics and comprehensive compliance surveillance engine.

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