LJR Recapture Services (LJR) offers specialized solutions in commission recapture – helping clients save commissions, reduce costs and conserve investable assets – and transition management expertise – transitioning global portfolios to preserve capital and minimize risk – through BNY Global Transition Management.

In 1986, LJR was among the pioneers of commission recapture, a form of institutional discount brokerage. Today, more than 2000 funds in 23 countries with assets totaling more than $3 trillion use an LJR commission recapture program to save commissions, conserve assets and benefit participants.

BNY Global Transition Management takes a strategic, disciplined approach to portfolio transitions, one that leverages their experience, dedicated team of experts and the global resources of BNY ConvergEx Group. Their expertise in transition management has resulted in a business model designed to best preserve a client’s assets while mitigating risk and controlling costs.

Both LJR Recapture Services and BNY Global Transition Management are divisions of BNY ConvergEx Execution Solutions LLC. BNY ConvergEx Group, LLC - an affiliate of The Bank of New York - provides conflict-free, global agency brokerage and investment technology solutions designed to deliver a comprehensive, integrated approach to the investment cycle, from idea generation and trade execution to clearance and settlement. For more information, please visit www.bnyconvergex.com

Please contact Jason Widener at +1 704 944 3237/+1 877 444 4305 or jason.widener@instinet.com for further information.