Boston Private Issues Statement Regarding Director Nominations

BOSTON--(BUSINESS WIRE)--Boston Private Financial Holdings, Inc. (NASDAQ: BPFH) (“Boston Private”), a leading provider of integrated wealth management, trust and banking services to individuals, families, businesses and nonprofits, today confirmed that HoldCo Opportunities Fund III, L.P. (“HoldCo Fund”) has delivered a notice that purports to nominate five nominees for election to the Boston Private board of directors at the 2021 annual meeting of Boston Private shareholders. Boston Private wil