HoldCo Comments on ISS Report Regarding Proposed Boston Private / SVB Merger

NEW YORK--(BUSINESS WIRE)--HoldCo Asset Management, LP and its managed funds (collectively, "HoldCo"), which own 4,049,816 shares of common stock of Boston Private Financial Holdings, Inc. (NASDAQ: BPFH) ("Boston Private," "BPFH," or the "Company"), representing approximately 4.9% of the Company’s outstanding shares, today issued the following statement in response to a “cautionary” report by Institutional Investor Services Inc. (“ISS”) regarding BPFH’s planned merger (the “Merger”) with SVB Financial Group (“SVB”).