MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, August 3, 2010 An Atlanta-Based Asset Manager Changes Hands The employees of Montag & Caldwell have purchased the firm from BNP Paribas Fortis. Terms of the deal were not made public. Employees will own 100 percent of the Atlanta-based asset manager when the deal is complete. Montag & Caldwell sub-advises the Aston/Montag & Caldwell Balanced Mutual Fund. Keith Mitchell of Mitchell Hartley Advisers advised Montag & Caldwell on the deal. Montag was purchased by ABM-AMRO in 2001. ABN-AMRO, in turn, was merged with Fortis in 2008. Last year, BNP Paribas purchased Fortis. Printed from: MFWire.com/story.asp?s=33012 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |