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October 19, 2021

BNY Mellon’s wealth unit names new global family office investments head

By Verdict Staff

BNY Mellon Wealth Management has named Rajesh Nakadi as its new head of investments, global family office.

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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
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Nakadi will manage family office client relationships and oversee all investment strategies while leading the Global Family Office investment team.

He will work under Family Office global head Vincent Hayes in New York.

Nakadi served as vice president of Global Family Office at UBS Private Wealth Management for seven years before joining BNY Mellon.

During this time, he was a relationship manager for strategic family offices and delivered customised investment solutions for institutional and wealth management platforms.

Prior to that, he held various key positions at Bank of America/Merrill Lynch, US Trust Company, Quinlan Private as well as Merrill Lynch Private Banking and Investments Group.

Commenting on the appointment, Hayes said: “Rajesh has more than two decades of experience working with ultra-high-net-worth and family office clients at some of the most respected wealth management organizations in the world.

“His investment expertise and leadership skills are well suited to support the unique and varied investment needs of our Family Office clients.”

Nakadi commented: “In recent years, I have observed Family Offices move away from brokerage platforms that have inherent conflicts towards independent boutiques and private banks that provide a higher level of fiduciary care.

“With its rich legacy in Family Office combined with the new focus on digital innovations and the best client service model, BNY Mellon Wealth Management offers a compelling choice for family offices to manage multigenerational wealth and invest in the future success of their family enterprise.”

In June this year, BNY Mellon Wealth Management named Crystal Thompkins as the new head of philanthropic solutions.

It followed the appointment of Camille Alexander in May as head of sales for investor solutions.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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