BNY Mellon Investment Management, Standish and Amherst Holdings Announce Formation of Real Estate Credit Management Platform

BNY Mellon Investment Management announced today that it has partnered with Amherst Holdings, LLC, a leading financial services provider to institutional investors in the mortgage and structured finance sectors, to launch Amherst Capital Management LLC (ACaM), a real estate credit investment management platform that will offer a wide range of both traditional and alternative strategies. BNY Mellon and Texas Treasury Safekeeping Trust Company (Texas Trust) have made significant capital commitments to the platform.