DI COSTA PARTNERS APPOINTS INDUSTRY VETERAN MICHAEL DENOFRIO AS MANAGING DIRECTOR

New York, September 13, 2022 - Di Costa Partners (DCP), a strategic advisory and proxy solicitation company focused exclusively on registered funds (mutual funds, ETFs & closed-end funds), today announced the appointment of Michael DeNofrio as Managing Director of Sales. DCP is a subsidiary of Morrow Sodali, a global advisory firm in which TPG Growth recently acquired a majority stake.  As part of Morrow Sodali’s continued expansion plans, DCP recruited Michael to help accelerate growth within the fund business.  Michael most recently was Managing Director and Head of Global Transfer Agency Operations for BNY Mellon, where he was responsible for leading the mutual fund transfer agency teams in the U.S., EMEA and APAC regions. He also had operations responsibility for the Broker Dealer subaccounting (Omnibus) business where he oversaw its significant growth from 2010 through 2020. Previously, Mike served as executive vice president and senior managing director of the Enterprise Investor Services business at PNC Global Investment Servicing, Inc. where he led all aspects of the fund transfer agent business. Mike has served the fund industry for close to 40 years. Mike was a member of the Board of Directors of the National Investment Company Service Association (NICSA) and was the 2020 recipient of NICSA’s lifetime achievement award for his industry contributions.  He graduated cum laude from Harvard University and earned an MBA from Boston University. 

In his new role, Mike will apply his extensive fund industry experience to help clients leverage DCP’s specialized advisory services to achieve their governance and desired voting outcomes.

“Mike brings unparalleled experience to the DCP team, having led transfer agency businesses globally throughout his distinguished career,” said Vin Di Costa, CEO of DCP. “He will be instrumental in helping DCP expand our footprint in the fund space.” 

Mike DeNofrio commented, “I am excited to be a part of the DCP team and look forward to helping clients navigate the evolving fund governance landscape.”

Steve Messinger, President of DCP, added, “Mike’s vantage point from the operations side of the business will bring a unique perspective to our business and prove a valuable source of knowledge for our clients.  We look forward to having Mike on the DCP team as we continue to grow our franchise.” 

ABOUT DI COSTA PARTNERS

Di Costa Partners (DCP) is the premier provider of registered fund proxy solicitation and advisory services. DCP brings more than 35 years of knowledge assisting registered fund companies and boards in connection with all aspects of the shareholder meeting process. DCP offers its clients a proven shareholder analytical voting model that drives solicitation strategy to retail and institutional shareholders. DCP is a subsidiary of Morrow Sodali, the leading global consultancy providing comprehensive governance and shareholder services to corporate clients around the world. For more information visit:  www.dicostapartners.com.

ABOUT MORROW SODALI

Morrow Sodali is a global corporate advisory firm that provides clients with comprehensive advice and services relating to corporate governance, ESG, sustainability, proxy solicitation, capital markets intelligence, shareholder and bondholder engagement, M&A, activism and contested situations.

From headquarters in New York and London and offices in global capital markets, Morrow Sodali serves  approximately 1,000 clients in 80+ countries, including many of the world’s largest multinational corporations. Clients include listed and private companies, mutual fund groups, stock exchanges and membership associations.

For more information about Morrow Sodali, please visit www.morrowsodali.com.

CONTACT

Jennifer Carberry, j.carberry@morrowsodali.com, +1 203 658 9419