(Opalesque) Innocap Investment Management Inc. has entered into a definitive agreement to acquire BNY Mellon’s HedgeMark business to create a single technology-enabled alternative investment platform and become the global industry leader. The consideration for the sale will be a combination of cash and Innocap shares, allowing BNY Mellon to own a minority equity stake in Innocap’s combined US$50 billion global platform,
Innocap to acquire BNY Mellon’s HedgeMark
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