MutualFundWire.com: Nuveen Buys Blue Chip Manager
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Monday, August 1, 2005

Nuveen Buys Blue Chip Manager


Chicago-based Nuveen Investments will pay $50 million in initial consideration to acquire Santa Barbara Asset Management, an institutional and high-net worth money manager with $2.8 billion in assets under management.

Santa Barbara's investment team will remain in place and continue to operate independently, said Nuveen in a press release. The mid- and large-capitalization growth manager is headquartered in Santa Barbara, California with offices in Pasadena, California.


Printed from: MFWire.com/story.asp?s=10181

Copyright 2005, InvestmentWires, Inc.
All Rights Reserved
Back to Top