# Bank of New York Mellon Private Equity

Bank of New York Mellon Private Equity is an Asset Manager based in New York, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Assets under management:** $2B – $5B (Altss estimate)
- **Website:** bnymellon.com
- **LinkedIn:** https://www.linkedin.com/company/bank-of-new-york-mellon

## Regulatory record

- **Reports private funds:** No

## About

Bank of New York Mellon Private Equity is a private equity fund of funds manager based in New York. It oversees approximately $725 million in assets and has $1.02 million in available capital.

## Sectors

- Enterprise Software
- Healthcare Services
- FinTech
- Industrial Tech
- Consumer

## Offices

- Stamford, CT
- Minneapolis, MN
- San Francisco, CA
- Cambridge, MA

## People

- John M. Roy — Global Head of BNY Mellon Private Equity and Credit
- Catherine Chen — Head of Private Equity Investments, Asia-Pacific

## Questions

### Who makes investment decisions at BNY Mellon Private Equity?

John M. Roy oversees the global private equity and credit platform as its head. Catherine Chen leads the Asia-Pacific private equity team from Singapore. The group operates with a lean investment committee structure drawing on BNY Mellon's institutional risk frameworks, though specific committee members beyond Roy are not publicly disclosed.

### Does BNY Mellon Private Equity manage third-party capital or only the bank's balance sheet?

The unit deploys BNY Mellon's own corporate capital. It does not act as a general partner raising external funds, nor does it manage LP commitments for third-party clients. This permanent-capital structure eliminates the fundraising and redemption cycles that constrain conventional PE firms.

### How does the group source co-investment opportunities?

Sourcing leverages BNY Mellon's custody and banking relationships with over 1,000 external general partners globally. The bank's position as the world's largest custodian — administering north of $50 trillion in assets — provides data-driven visibility into fund performance and deal flow that most LPs cannot replicate.

### What investment stages does BNY Mellon Private Equity target?

The group participates across venture capital, growth equity, and mid-market buyout stages. It makes primary fund commitments to external GPs and pursues direct co-investments alongside those GPs, with demonstrated activity in late-stage venture through transactions like 1Password and Alpaca.

### Is the private equity group separate from BNY Mellon's asset management business?

Yes. BNY Mellon Private Equity operates as a distinct arm investing the corporation's balance sheet, separate from BNY Mellon Investment Management — the multi-boutique asset management division that runs third-party client mandates across equities, fixed income, and multi-asset strategies. The two entities serve different stakeholders and have separate investment teams.

### Which sectors does BNY Mellon Private Equity explicitly focus on?

Confirmed sector focuses include Enterprise Software, Healthcare Services, FinTech, Industrial Tech, and Consumer. The group's co-investment and fund commitment track record clusters in technology-enabled business models and financial infrastructure — sectors where BNY Mellon's in-house domain expertise adds underwriting value.

### Does the team operate internationally?

Yes. BNY Mellon Private Equity maintains investment coverage across North America, Europe, and Asia-Pacific. The firm appointed Catherine Chen to lead the Asia-Pacific effort from Singapore in 2022, signaling a structural push into the region's venture and growth markets.

## Related profiles

- [Excelsior Capital Korea](https://altss.com/profile/excelsior-capital-korea)
- [GC&H Investments](https://altss.com/profile/gcandh-investments)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/bank-of-new-york-mellon-private-equity

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