BNY Mellon Investment Management Completes Sale of CenterSquare

BNY Mellon Investment Management Completes Sale of CenterSquare

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Chamber Member News Post Date: 01/03/18 Source: BNY Mellon By: BNY Mellon
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Summary

BNY Mellon Investment Management, a leading global asset manager, today announced that it has completed the sale of investment boutique CenterSquare Investment Management to the private equity firm Lovell Minnick Partners and CenterSquare's management team. Originally announced on September 20, 2017, the terms of the transaction were not disclosed.

Todd Briddell, CEO and CIO of CenterSquare Investment Management, said, "We are excited about the next phase of CenterSquare's evolution, as we continue to bring premier real estate and infrastructure strategies to the market while investing in the development and growth of our company. Lovell Minnick shares our vision for the future of CenterSquare and we are delighted to partner with them." Read Full Article