MetLife Investment Management to acquire three investment teams and assets from Mesirow.

MetLife Investment Management, an institutional asset management business of MetLife, agreed to acquire three investment teams and assets from Mesirow, an independent, employee-owned financial services firm. Financial terms were not disclosed. “We are confident that MetLife will deliver scaled resources well suited to these three traditional investment strategies. Going forward, Mesirow will continue to focus on growing our alternatives capabilities and core Wealth Management, Fiduciary Solutions, and Capital Markets/Investment Banking offerings, which have over $300bn in total assets under supervision,” Natalie Brown, Mesirow CEO.