The Montreal-based firm has hired Michael Young and Brian Berg, who were most recently with BNY Mellon’s beta and transition management division. The two will work to expand Pavilion’s transition management services among U.S. retirement plan sponsors, Taft-Hartley plans, endowments, foundations, insurance companies and the investment consultant community.
Young will be located in Short Hills, New Jersey, while Berg will be located in Boston. The two will start on July 31 and will work closely with Shauna Hewitt-Lambright, director of USA transition management for Pavilion.
Mario Choueiri, head of transition management for Pavilion, says the new hires come with proven track records and deep industry experience serving a wide range of institutional investors.
Before BNY Mellon, Young worked at J.P. Morgan Securities in New York, contributing to the build-out of the heritage Chase Manhattan Bank’s transition management platform. He also helped develop J.P. Morgan’s transition management business. Berg worked with State Street Bank and Trust in Boston prior to BNY Mellon, where he marketed transition management products and services. He also worked with ITG and Bloomberg in senior sales positions.
Pavilion’s transition experience covers the spectrum of market capitalization in Canadian, U.S., international and global equities, as well as fixed income and balanced mandates. These transitions have involved single/multiple asset classes and investment managers, active/passive investment managers, growth/value styles, and segregated/pooled funds.
Pavilion Global Markets offers securities trading, global macro research and transition management services to institutional investors. More information is available here.