NEW YORK–(COMMERCIAL THREAD) –BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the “Fund”) has announced that effective September 1, 2021 (the “Effective Date”), the Fund’s portfolio management team will consist of Chris Barris, Kevin Cronk, Jonathan DeSimone, Hiram Hamilton and Suhail Shaikh. The investment strategies of the Fund will not be changed.
From the Effective Date, a “key person event” (as that term is defined in the Fund’s initial public offering prospectus, as subsequently completed and revised) will be triggered if the one of Chris Barris, Kevin Cronk or Jonathan DeSimone is leaving Alcentra or ceasing to manage / supervise the affairs of the Fund during the life of the Fund.
BNY Mellon Investment Adviser, Inc., the Fund’s investment advisor, is part of BNY Mellon Investment Management. BNY Mellon Investment Management is one of the largest asset managers in the world, with $ 2.3 trillion in assets under management as of June 30, 2021. Through an investor-centric approach, BNY Mellon Investment Management brings to clients the best of both worlds: specialized expertise from eight investment firms offering solutions across all major asset classes, backed by the strength, stability and global presence of BNY Mellon. Additional information on BNY Mellon Investment Management is available at www.bnymellonim.com.
BNY Mellon Investment Management is a division of BNY Mellon, which has $ 45 trillion in assets in custody and / or administration as of June 30, 2021. BNY Mellon can serve as a single point of contact for clients looking to create, trade , hold, manage, maintain, distribute or restructure investments. BNY Mellon is the corporate mark of Bank of New York Mellon Corporation (NYSE: BK). Further information is available at www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our press room at www.bnymellon.com/newsroom for the latest company news.
Investment returns and the Fund’s principal values fluctuate so that an investor’s shares may be worth more or less than the original cost. There can be no assurance that the Fund will achieve its investment objective.
This press release is for informational purposes only and should not be construed as investment advice or a recommendation of any particular security.