Ashfield Capital Partners LLC Closes Deal With Old Mutual Asset Management
- Firm is now employee owned -
SAN FRANCISCO, Jan. 2, 2013
SAN FRANCISCO, Jan. 2, 2013 /PRNewswire/ --The principals of Ashfield Capital
Partners LLC (Ashfield) announced today that they have completed the
previously announced transaction to purchase their existing business from Old
Mutual Asset Management. The deal, announced in October, transforms Ashfield
into an independent, employee-owned investment firm.
"With the close of this transaction, our firm is now employee owned," said
Stephen Lauck, Ashfield's President & CEO. "We want to thank Old Mutual for
its tremendous support throughout the years and we look forward to their
continued interest as we implement our growth plans as an independent firm."
About Ashfield Capital Partners LLC
Ashfield Capital Partners, LLC, based in San Francisco, CA, offers portfolios
that seek high-quality growth companies for domestic and international
corporate retirement plans, public funds, multiemployer pension plans,
endowments, foundations and private investors. Its predecessor company was
founded in 1973 and was reorganized in 2007 when Old Mutual (US) Holdings Inc.
purchased a majority interest in the firm. See www.ashfield.comfor more
SOURCE Ashfield Capital Partners LLC
Contact: Doug Hesney, Dukas Public Relations, +1-212-704-7385 x3664,
firstname.lastname@example.org, or Zach Kouwe, Dukas Public Relations, +1-212-704-7385
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