Valiant Funds Transfer Assets Into Dreyfus Cash Management Funds. Assets from the
Valiant money fund complex have moved into
Dreyfus Cash Management,
Dreyfus Cash Management Plus,
Dreyfus Treasury Cash Management, and
Dreyfus Tax Exempt Cash Management.
Rich Curcio, who started the
Valiant funds in 1993, will continue to service the bank client base and will distribute
Dreyfus funds via the Venice, Florida-
based
Integrity Investments.
Standard & Poor's rated
two newly-created share classes of the $7.1 billion Dreyfus Treasury Cash Management Fund (Service and Select) AAAm following the transfer of $125 million of assets from Valiant U.S. Treasury Money Market Fund. "
This follows a
purchase and transfer agreement whereby the
Dreyfus Corp. assumed the advisory responsibilities for the Valiant U.S. Treasury MMF," says the S&
P ratings release.