Transactions
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Advised MBIA and Cutwater on the sale of Armonk, NY-based Cutwater to BNY Mellon Investment Management. Cutwater, a $23 billion AUM fixed income specialist, will work closely with, and be administered by, London-based Insight Investment, a BNY Mellon subsidiary. The addition of Cutwater will enhance BNY Mellon's and Insight's U.S. platform abilities to offer specialized fixed income solutions.