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Smith Graham to Increase Assets to Nearly $6 Billion in Acquisition Deal

Smith Graham & Co. Investment Advisors L.P. (No. 8 on the BE Asset Managers list with $2.753 billion in assets under management) acquired the fixed-income and small- and mid-cap value equity assets of a New York City based firm in a deal that’s expected to increase the Houston-based firm’s assets to nearly $6 billion. Specific terms of the deal, which was completed Friday, were not disclosed.

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