Bank of New York Acquires London Asset Management Firm

The Bank of New York is to acquire 80 per cent ownership in Alcentra Group, a London-based asset management group. Alcentra focuses on funds which invest in sub-investment grade debt. Terms of the transaction....

Click to view the full article


By: Toni Blake
October 20, 2005
The Bank of New York is to acquire 80 per cent ownership in Alcentra Group, a London-based asset management group. Alcentra focuses on funds which invest in sub-investment grade debt. Terms of the transaction....