Transactions


$23 billion AUM

has acquired

has acquired

Financial advisor to BNY Mellon / Insight

Financial advisor to BNY Mellon / Insight

January 2015

Freeman & Co. Acted as Financial Advisor to BNY Mellon / Insight Investment
Date
January 2015
Industry
Asset Management
Transaction
Buy-Side M&A

BNY Mellon / Insight Investment to acquire Cutwater Asset Management

October 6, 2014 - BNY Mellon / Insight Investment announced an agreement to acquire Cutwater Asset Management, a U.S. based fixed income and solutions specialist. Transaction terms were not disclosed.

Upon completion of the transaction, Cutwater will operate as part of BNY Mellon Investment Management and will work closely and be administered by Insight Investment, one of Europe’s leading investment managers.

Cutwater’s products and investment solutions include a wide range of fixed income strategies such as core, high yield, collateralized loan obligations and bank loans, as well as alternatives such as corporate credit absolute return.

Cutwater Asset Management has a 20 year track-record and approximately $23 billion of assets under management. Located in Armonk, NY, the firm is currently a wholly-owned subsidiary of MBIA.

Freeman & Co. acted as the exclusive financial advisor to BNY Mellon / Insight Investment on this transaction.