David Forbes-Nixon added: "We are honoured to have been selected to participate in HM Treasury's Business Finance Partnership initiative. We strongly support its objective of boosting the availability of finance to middle market businesses by encouraging the involvement of private capital in this sector. We are excited about the role we can now play providing development capital for middle market businesses in the UK".
Alcentra has substantial experience lending to leveraged companies in the UK and across
through broadly syndicated senior and mezzanine facilities and directly originated senior and mezzanine transactions. Where required, they can structure such loans in compliance with local laws or regulations.
Notes to Editors:
is an asset management and investment group focused on sub-investment grade debt capital markets in
the United States
. The group has an investment track record that dates back to 1998 and spans across 48 separate investment funds totaling approximately
. Alcentra is more than 97.2 percent owned by BNY Mellon and 2.8 percent owned by the employees. 'Alcentra' refers to both Alcentra Limited and Alcentra NY, LLC. Assets under management include assets managed by both companies. More information can be found at
BNY Mellon Investment Management
is one of the world's leading investment management organizations and one of the top U.S. wealth managers, with
in assets under management. It encompasses BNY Mellon's affiliated investment management firms, wealth management services and global distribution companies. More information can be found at
is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. It has
in assets under custody and administration and
in assets under management, services
in outstanding debt and processes global payments averaging
per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on
or follow us on Twitter @BNYMellon.
All other information source BNY Mellon as of September 30, 2012. This press release is qualified for issuance in the UK and US and is for information purposes only. It does not constitute an offer or solicitation of securities or investment services or an endorsement thereof in any jurisdiction or in any circumstance in which such offer or solicitation is unlawful or not authorized. This press release is issued by BNY Mellon Investment Management (US) and BNY Mellon Asset Management International Limited (ex-US) to members of the financial press and media and the information contained herein should not be construed as investment advice. Past performance is not a guide to future performance. The value of investments and the income from them is not guaranteed and can fall as well as rise due to stock market and currency movements. When you sell your investment you may get back less than you originally invested. Registered office of BNY Mellon Asset Management International Limited: BNY Mellon Centre, 160 Queen
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SOURCE BNY Mellon