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Article: Austin Capital Management to Join Victory Capital Management.

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PR Newswire
Article date:
January 13, 2006
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CLEVELAND, Jan. 13 /PRNewswire-FirstCall/ -- Victory Capital Management, the asset management subsidiary of KeyCorp , today announced a definitive agreement to acquire Austin Capital Management, Ltd. Austin Capital Management is a Texas-based investment firm that brings to Victory a new product line and a seasoned team of investment professionals.

Austin Capital Management has developed and launched four funds of hedge funds -- actively monitored and diversified portfolios of various hedge funds. Funds of hedge funds offer investors the benefits of diversification across multiple hedge funds, accessibility to top managers, professional selection and monitoring ...

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