Chicago Equity Partners to Close Down
Posted on 05/01/2020
Founded in 1989, Chicago Equity Partners, LLC is a multi-asset class investment manager with approximately US$ 5.1 billion in assets under management at one point. Chicago Equity Partners is throwing in the towel and closing. The money manager plans to return assets to institutional clients.
Mesirow Financial moved fast to hire the fixed income team of Chicago Equity Partners.
In October 2006, Affiliated Managers Group acquired a 60% stake in Chicago Equity Partners.