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William Blair head: Demand for growth equities resilient

William Blair head: Demand for growth equities resilient
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William Blair snaps up BrightSphere affiliate ICM


William Blair snaps up BrightSphere affiliate ICM
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Stephanie Braming, partner and global head of William Blair Investment Management, said the addition will add another strong pillar to the firm s small-cap capabilities.
William Blair Investment Management agreed to acquire BrightSphere Investment Group affiliate Investment Counselors of Maryland, said Tucker Hewes, a spokesman for William Blair. Terms of the deal, which is expected to close in the second quarter, were not disclosed.
ICM is an institutional U.S. value equities investment firm founded in 1972 with $3.2 billion in assets. Its eight-person investment team, led by Bill Heaphy, ICM portfolio manager and managing principal, will join William Blair. ....

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