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Voya Investment Management to Acquire Investment Advisory Business of Tygh Capital
Friday 26 November 2021

New York-based asset management firm Voya Investment Management (Voya IM), has agreed to acquire the investment advisory business and certain other assets of Oregon-basedsmall-cap growth specialist Tygh Capital Management, the company said.

Terms of the transaction were not disclosed.

The transaction is expected to close in 1Q22.

TCM specialises in small-cap and small/mid-cap growth investing for both institutional and retail investors. The team currently manages the TCM Small Cap Growth Fund (Ticker: TCMSX) with USD 520m in assets, as of Oct. 31, 2021.

The TCM team will leverage Voya's distribution capabilities and platform.

Voya Investment Management (Voya IM) is the asset management business of Voya Financial, Inc. (NYSE: VOYA).
Date Published: 26/11/2021