PGM Global Hires Former BNY Mellon Senior Staffers in Expansion of its Transition Management Team

MONTREAL, July 23, 2014 – PGM Global Inc. today announced that it has added two, experienced professionals to its dedicated and distinguished transition management team, as it continues to expand its presence and service offering in the United States.

Michael Young and Brian Berg, most recently with BNY Mellon’s Beta and Transition Management division, will work to expand Pavilion’s transition management services among U.S. plan sponsors, Taft-Hartley plans, endowments, foundations, insurance companies and the investment consultant community. Messrs. Young and Berg, who start on July 31st, will join Pavilion’s growing team serving global institutional investors and will be working closely with Shauna Hewitt-Lambright in the U.S. marketplace.

“Like Shauna, Michael and Brian come with proven track records and deep industry experience serving a wide range of institutional investors,” said Mario Choueiri, Head of Transition Management for Pavilion. “Adding two seasoned professionals who have built considerable trust and respect with clients over the years will help us connect with more clients looking for strong risk management from a non-conflicted trading partner, all backed by top-notch client service.”

With BNY Mellon, Messrs. Young and Berg were branch managers for the New York and Boston branches, respectively, of the Registered Investment Advisor. Before BNY Mellon, Mr. Young worked at JP Morgan Securities in New York, contributing to the build-out of the heritage Chase Manhattan Bank’s transition management platform and developing JP Morgan’s transition management business. Mr. Berg worked with State Street Bank and Trust in Boston where he marketed transition management products and services. He also worked with ITG and Bloomberg in senior sales positions. With Pavilion, Mr. Young will be located in Short Hills, New Jersey while Mr. Berg will be located in Boston.

Pavilion has been helping clients transition their portfolios between managers or markets for almost 20 years. Its long-term stability and success – Pavilion doubled its transition activity over a five-year period – can be credited, in part, to the fact that all trading for transitions is done using an in-house, agency-only trading desk recognized for its best execution.

Mr. Choueiri also noted that a recent survey of institutional investors ranked Pavilion No. 1 in cost performance vs. estimate, “We are an employee-owned company which means our interests are aligned with those of our clients. Therefore, we are focused on building long-term relationships with clients and providing the most accurate estimates which speak to our confidence in our offering and strength of our platform.”

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.


About PGM Global Inc.
PGM Global offers securities trading, global macro research and transition management services to institutional investors. With roots going back more than 40 years, Pavilion brings industry-recognized capabilities to the table including specialized global macro research and analysis, a top-ranked global trading desk and state-of-the-art technology to help institutional clients worldwide excel in the capital markets. PGM Global, Member of CIPF and SIPC, is a subsidiary of Pavilion Financial Corporation, an employee-owned, diversified global investment services firm that provides leading investment expertise and implementation support to help institutional clients and other investors preserve and enhance their assets. For further information, visit