Mellon Growth Advisors and Standish Mellons equity group, both affiliates of Mellon Institutional Asset Management, will be merged into The Boston Co. Asset Management, according to Mellon. The merger raises TBCAMs institutional assets under management by $3 billion, to $24 billion.
Corey Griffin remains president and CEO at TBCAM. David Cameron, head of equity strategies at Standish Mellon, will lead the new teams at TBCAM. Frank Antin, CEO of Mellon Growth, remains chairman of TBCAM. Last month, Mellon Institutional consolidated its institutional fixed-income operations under Standish Mellon.