MetWest Ventures Acquires Controlling Interest in Reed Conner & Birdwell, LLC

LOS ANGELES–(BUSINESS WIRE)–MetWest Ventures LLC, a multi-strategy asset management platform led by Richard S. Hollander, announced today it has closed its acquisition of a majority interest in Reed Conner & Birdwell, LLC (RCB), a Los Angeles based, value equity investment advisor with $1.6 billion under management. RCB’s business was founded in 1959 providing investment management services to institutional and high net worth clients.

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Aristotle Announces Aristotle/Saul Opportunity Fund

Aristotle Capital Management, LLC (“Aristotle”), a registered investment adviser under the Investment Advisers Act of 1940 on behalf of institutional and high net-worth clients, today announced the introduction of the Aristotle/Saul Opportunity Fund, its first open-ended mutual fund. The objective of the Fund is to seek to maximize long term capital appreciation and income from investments in stocks and other securities, including foreign securities, regardless of market direction. At its “core”, the Fund strives to be a global “unconstrained” strategy. The institutional, no-load share class will trade under the symbol ARSOX.