BNY Mellon Funds Announce "Change in Control" of Alcentra NY, LLC, the Funds' Sub-Adviser

Author's Avatar
May 31, 2022

Alcentra NY, LLC ("Alcentra") serves as the sub-adviser to BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc., BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. and BNY Mellon Alcentra Opportunistic Global Credit Income Fund (the "Funds"), pursuant to a separate sub-advisory agreement with respect to each Fund (each, a "Current Sub-Advisory Agreement") between BNY Mellon Investment Adviser, Inc. ("BNYM Investment Adviser"), each Fund's investment adviser, and Alcentra. Alcentra is currently an indirect subsidiary of The Bank of New York Mellon Corporation ("BNY Mellon"), the parent company of BNYM Investment Adviser.