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CIBC Mellon to provide asset servicing as Cygnus Investment Partners launches KKR alternative


CIBC Mellon has been selected to provide asset servicing for Cygnus Investment Partners' (Cygnus) new set of alternative investment solutions. 

The Cygnus offering provides Canadian institutional and qualified individual investors with access to a global and diversified suite of KKR products through innovative structures featuring historically low minimums.  

KKR is a leading global investment firm that manages investments across multiple asset classes including private equity, energy, infrastructure, real estate, capital markets, credit strategies and hedge funds. CIBC Mellon will provide Cygnus with custody and safekeeping of client assets, foreign exchange processing and settlement, and investment information delivery.

"The Cygnus-KKR relationship provides Cygnus clients with a compelling value proposition: KKR's history of investment success and global diversification, within Canadian-domiciled structures managed by Cygnus – ground-breaking and proprietary structures that brings KKR products within reach of many more accredited Canadian individual and institutional investors," says Dan Geraci (pictured), Managing Partner and Director, Cygnus Investment Partners LP.  "Cygnus' core strategy rests on our commitment to leveraging investment industry leaders, and as such we are pleased to select CIBC Mellon based on their proven strength, expertise and stability as a Canadian leader in custody and asset servicing." 

"CIBC Mellon continues to build business by delivering global asset servicing solutions in Canada with client-focused service excellence," says Mary Ann Mackenzie, Vice President, Relationship Management, CIBC Mellon.  "We are pleased that Cygnus has selected CIBC Mellon as custodian and asset servicing provider for their new family of KKR alternative offerings, and we look forward to servicing Cygnus as they grow their business."

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