True North Advisors to acquire Blue Investment Partners.

True North Advisors, a registered investment adviser, agreed to acquire Blue Investment Partners, an investment management firm. Financial terms were not disclosed. The addition of Blue to True North strengthens the firm’s investment team and advances its reach in strategically important markets. Blue’s approach to managing complex portfolios for financially sophisticated clients is highly complementary to True North’s, with core investment models that enhance True North’s broader platform,” Mark Gehlbach, True North President and Co-founder.