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Bastion will operate within Mesirow Global Investment Management and serve as the platform for Mesirow's Private Credit – Asset-Backed Lending expansion

Acquisition marks the next phase of Mesirow's strategic plan to expand firm's alternatives capabilities for institutional investors and high net worth clients

Addition of differentiated private credit product complements firm's existing alternatives capabilities: Mesirow Currency Management, Mesirow Private Equity and Mesirow Institutional Real Estate Direct Investments