New York City Comptroller Scott M. Stringer Announces Head Of Private Equity And Head Of Hedge Funds Asset Classes At The Bureau Of Asset Management
NEW YORK, NY- New York City Comptroller Scott M. Stringer announced today that Alex Doñé will be the head of private equity and Neil Messing will be the head of hedge funds for the Bureau of Asset Management (BAM). Both appointments are effective immediately.
“I am pleased to announce the appointments of Alex Doñé and Neil Messing, two outstanding investment professionals, to be the heads of the private equity and hedge fund asset classes at the Bureau of Asset Management,” Comptroller Stringer said. “Alex and Neil have been strong performers in the Bureau of Asset Management and I am confident that they will continue to contribute to the success of our investment program.”
Alex Doñé has worked at BAM since 2012 and most recently served as the Executive Director of Private Equity and the head of New York City’s $5.6 billion private equity emerging managers program, which includes over 50 general partnerships. Prior to his tenure in this office, Doñé spent over 16 years as an investment banker and private equity investor at Clearlake Capital Group, KPMG Corporate Finance and Merrill Lynch & Co in addition to serving over 2 years as a Presidential Appointee and Associate Director of the Minority Business Development Agency at the U.S. Department of Commerce.
Neil Messing has worked at BAM since 2011 and most recently served as Senior Investment Officer for Hedge Funds, where he built and managed a diversified $4 billion portfolio of direct hedge fund investments and a fund of hedge funds. Prior to working at BAM, Messing served as a Vice President at Unigestion Ltd. and as an analyst at Man Group PLC (Previously Glenwood Capital Investments).
“The appointment of Alex and Neil will strengthen the investment operations of the Bureau of Asset Management,” said Scott Evans, Chief Investment Officer of the New York City Pension Funds. “Alex and Neil are ethical and sophisticated investment managers and I am excited to see them take on new roles as part of senior leadership in the Bureau of Asset Management.”
The $160 billion New York City Pension Funds hold assets in trust for more than 700,000 members, retirees and their beneficiaries. Comptroller Stringer and the Bureau of Asset Management serve as the investment advisor to the five pension funds that make up the New York City Retirement System.
The Funds have a diversified investment strategy that includes public equities, fixed income, private equity, real assets and hedge fund asset classes. To see the asset allocation of the New York City Pension Funds, please click here.
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