BofA Sending off Another PE Unit
April 21, 2011- Share:
BofA Merrill Lynch will reportedly be spinning off its PE investment arm, BAML Capital Partners, after determining the unit to not be strategically critical. BAMLCP has invested almost $5 billion since 2002. Similarly, BofA Merrill Lynch spun off Banc of America Capital Investors last year, which is now operating as Ridgemont Equity Partners.
- Share:
-
-
-
-