Goldman Sachs Asset Management to Acquire Dwight Asset Management from Old Mutual Asset Management
Goldman Sachs Asset Management announced today that it will acquire Dwight Asset Management, a Vermont-based stable value money manager, from Old Mutual Asset Management.
Subject to certain conditions, Dwight is expected to become a part of GSAM in the second quarter of 2012. Goldman Sachs Asset Management is the asset management arm of The Goldman Sachs Group, Inc. (NYSE: GS).
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