Pershing, a unit of BNY Mellon, has completed a non-controlling investment in HedgeMark International. As part of the deal, Pershing has also obtained the rights to buy HedgeMark over time.

HedgeMark has offices in Los Angeles and New York. It offers comprehensive, end-to-end hedge fund managed accounts platform, which features various technology modules.

Click here for the release from PR Newswire.