BNY Mellon buys into private equity firm Siguler Guff
BNY Mellon Asset Management acquires a 20% stake in Siguler, whose offerings include fund of funds targeting distressed securities and emerging markets – “among the most promising areas for private equity investors”.
BNY Mellon Asset Management has acquired a 20% interest in private equity firm Siguler Guff & Co. for an undisclosed sum to tap “extraordinary demand for distressed opportunity managers”.
Siguler, which has about US$8 billion in assets under management and committed capital, focuses on investment offerings including fund of
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