William Blair & Co. to Acquire Guidance Capital

January 21, 2011

On January 20, 2011, William Blair & Company, LLC announced that it will make a strategic acquisition of hedge fund of funds manager Guidance Capital LLC.

On January 20, 2011, William Blair & Company, LLC, a Chicago-based global investment firm, announced that it has agreed to acquire certain assets of Guidance Capital LLC.  Guidance Capital manages about $300 million of assets through a series of hedge fund of funds with absolute-return, equity long/short, commodities, and managed futures strategies.  William Blair Investment Management, the asset management arm of William Blair & Company, LLC, has approximately $44 billion in assets under management.  The transaction is expected to be completed in the first quarter of 2011.  The terms of the deal will not be disclosed.

To read the press release, please click here.


Hedge Fund M&A, Investment Manager M&A, Transactions