BNY Mellon (BK) Partners With CIFC to Boost Private Credit
BKThe Bank of New York Mellon(BK) Zacks Investment Research·2024-03-21 21:05

The Bank of New York Mellon Corp. (BK) announced partnership expansion between its Investment Management business and alternative credit specialist CIFC. This will enhance product offerings across both public and private markets, particularly in the U.S. private credit.BNY Mellon has been providing services to CIFC as a valuable client for more than 10 years. This partnership is in alignment with the company’s expansion efforts and enable its investment management business to access CIFC’s U.S. direct lendi ...