361 Capital, a boutique asset management firm, says it will acquire BRC Investment Management LLC.
Both are Denver-based firms and the new combined firm will have $2.1 billion in assets under management when the acquisition closes Oct. 31.
Terms were not disclosed.
"We are thrilled to be adding BRC Investment Management's highly experienced team to further our vision of being a world-class investment management firm specializing in distinctive solutions rooted in behavioral finance," said Tom Florence, president and CEO of 361 Capital.
Read more at the Denver Business Journal: http://bit.ly/2cUUGgB
(© 2016 American City Business Journals. All rights reserved.)