Smith Graham & Co. to Increase Assets to Nearly $6 Billion in Acquisition Deal

By Editor published on Wednesday, March 4, 2009 and is filed under Money. You can follow responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Smith Graham & Co. Investment Advisors L.P. (No. 8 on the BE Asset Managers list with $2.753 billion in assets under management) acquired the fixed-income and small- and mid-cap value equity assets of a New York City based firm in a deal that’s expected to increase the Houston-based firm’s assets to nearly $6 billion. Specific terms of the deal, which was completed Friday, were not disclosed.

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