On April 1, 2016, Mesirow Financial announced that it completed its acquisition of Fiduciary Management Associates, LLC.
Mesirow Financial acquired Chicago-based, independent employee-owned investment manager Fiduciary Management Associates, LLC (“FMA”) to form Mesirow Financial Equity Management.
The combined company manages $2 billion in assets in separate account portfolios for public, corporate, Taft-Hartley and pension funds as well charitable organizations. Former managing partner of FMA Kathryn Vorisek will lead the company out of Mesirow Financial’s Chicago office.
The terms of the deal were not disclosed. Colchester Partners and Mesirow Financial Investment Banking advised FMA and Mesirow Financial, respectively.
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