Financial details were not disclosed.
Siguler Guff has approximately USD8bn in assets under management and committed capital and its 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.
The two companies formed a strategic alliance in January 2009, when Siguler Guff appointed BNY Mellon to distribute its products and services worldwide. In May 2009 the company's registered investment advisor subsidiary, Siguler Guff Advisers LLC, became the investment advisor of the private equity fund of funds previously advised by West LB Mellon Asset Management.
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