Bank of New York Mellon (BK)

The Bank of New York Mellon Corporation announced that it has acquired a 20% minority interest in Siguler Guff & Company LLC and certain related entities, a multi-strategy private equity firm with approximately $8 billion in assets under management and committed capital.
Siguler Guff's focused investment offerings include fund of funds targeting distressed security investing, investing in emerging markets, including Brazil, Russia, India and China, and investing in small cap buyout opportunities.

Nov 3 · 4:40:00 PM · Source: Reuters
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by Michael Oliveto