TORONTO, October 28, 2015 – CIBC Mellon today announced that it 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…read more.
The Globe & Mail | September 21, 2015
U.S. investment giant Kohlberg Kravis Roberts & Co. is betting that smaller Canadian investors want more access to private investments, and it is partnering with a new Toronto firm to test the market.
Cygnus Investment Partners LP will be KKR’s distribution ally in Canada, targeting investors who typically wouldn’t have enough capital to invest on their own. Cygnus will gather the investments of these smaller accredited investors and institutions and invest in KKR’s asset classes, such as private equity, energy, infrastructure and real estate, through a Canadian domiciled fund…read more.